Image copyright Getty Images Thousands of homes for first-time buyers will be built this year, according to the government.
Thirty areas across England are to receive funding from the £1.2bn “Starter Homes Land Fund” for the new developments on brownfield sites.
Buyers must be aged between 23 and 40 and will receive a discount of at least 20% below market value.
However, one housing expert told the BBC that the timescale for the programme was too ambitious.
The Starter Homes Land Fund was first announced by the coalition government in 2014 and aims to help more people buy a home.
The discounts will apply to properties worth up to £250,000 outside London, or £450,000 in the capital.
Housing Minister Gavin Barwell said: “This government is committed to building starter homes to help young first time buyers get on the housing ladder.
Image copyright Getty Images “This first wave of partnerships shows the strong local interest to build thousands of starter homes on hundreds of brownfie..
Read More
