Andy Burnham announces scheme to help first-time buyers onto housing ladder
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Burnham said: "Too many young people are struggling with the cost of housing, with many giving up hope of ever having a home to call their own. So we will step in to help more first-time buyers onto the housing ladder."
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Housing Secretary Angela Rayner said Your First Home would "build on the lessons learned from previous schemes, while retaining the benefits".
"We're delivering a new generation of equity loans in a Labour way, targeting support to those first-time buyers who need support the most," she added.