NEWS

04 January 2017

Theresa May promises thousands of new homes for young first-time buyers

  • Kate McCann, Senior Political Correspondent ARTICLE FROM THE TELEGRAPH PROPERTY NEWS SECTION

3 January 2017 • 8:49am

Thousands of new homes to help first-time buyers on to the property ladder will be built on brownfield land, Theresa May will announce on Tuesday.

In her second big housing pledge in as many days, the Prime Minister will announce support for people aged between 23 and 40 to buy their first home by helping 30 areas around the country to unlock land to build on.

The new homes will be started early this year and be available to buy from 2018, ministers have said. The housing will also help to reinvigorate town centres through new investment and development of green spaces.

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