First Time Buyer Housing Scheme

What happened

The outlets' own sentences, most widely reported first. Hover or tap one to see who reported it.

Analysis

How it changed

1. 26 Sep

   The programme, called “Your first home”, is intended to help buyers in England who have a regular income but have been unable to save for a large deposit or don’t have financial support from their family.

   3 outlets · The Guardian
2. 27 Sep

   Funding for the scheme is expected to come from reprioritising existing Government budgets.

   2 outlets · Daily Mail

Coverage 7 articles

• 28 Sep Housebuilders star on buyer support scheme but weak miners limit progressThe FTSE 100 index in London ended down slightly by 0.1%, while housebuilders saw significant gains due to a UK government scheme supporting first-time buyers with lower deposits and equity loans. Nvidia led gains on Wall Street after announcing an increased share repurchase program worth $235 billion, the largest such increase ever. Meanwhile, Brent oil prices rose to $107.60 per barrel in London, up from Friday's…Evening Standard
• 28 Sep Housebuilder shares jump following first-time buyer scheme announcementHousebuilder shares surged on Monday following the UK government's announcement of the Your First Home initiative, which allows first-time buyers to purchase new-build properties with just a 2.5% deposit, supplemented by a Government loan covering an additional 20%. Leading builders like Barratt Redrow and Persimmon saw double-digit percentage gains in their stock prices as the scheme aims to stimulate demand…Evening Standard
• 28 Sep Housebuilder shares jump following first-time buyer scheme announcementAt the weekend, the UK government announced the Your First Home initiative, which allows first-time buyers to purchase a new-build property with a 2.5% deposit and an additional loan of up to 20%, interest-free initially. On Monday, London-listed housebuilders saw significant share gains in response to this news; Barratt jumped by 12%, while others like Persimmon, Bellway, and Taylor Wimpey experienced increases…Evening Standard
• 27 Sep Ministers add to £3tn debt mountain with 'Your First Home' scheme offering huge state loans to first timer buyers … despite fears it will just pump up house pricesAndy Burnham and Angela Rayner announced Labour's "Your First Home" scheme during the party's annual conference, offering first-time buyers a 2.5% deposit and an interest-free equity loan of up to 20% for their home purchase. The plan aims to help those without family financial support become homeowners but has raised concerns about increasing national debt and potentially inflating house prices. With average…Daily Mail
• 27 Sep UK politics live: Further poll boost for Labour as its conference beginsLabour Party's conference in Liverpool has begun with new momentum following recent polls showing Labour ahead of Reform UK and Nigel Farage no longer on track to become prime minister. Andy Burnham, Labour’s leader since becoming prime minister, announced a help-to-buy scheme for first-time buyers who lack financial support from their families. In an interview, Burnham emphasized his willingness to take "difficult…The Guardian
• 26 Sep Burnham announces scheme to help first-time buyers onto housing ladderPrime Minister Andy Burnham announced a new "Your First Home" scheme aimed at helping first-time buyers in England who can only afford a deposit of 2.5%. The scheme would provide a loan covering up to 20% of the property's value, initially interest-free for an unspecified period, to assist with purchasing costs. Similar to previous government initiatives like Help To Buy, Burnham says the goal is to support young…BBC
• 26 Sep Andy Burnham announces new homes scheme for first-time buyersAndy Burnham announced a new "Your first home" scheme aimed at helping first-time buyers with modest incomes or lacking family support secure their own homes through an equity loan covering 20% of the property cost. The program requires a minimum deposit of just 2.5%, includes income and price caps, and aims to encourage house building while preventing further increases in housing prices. Burnham claims the scheme…The Guardian

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