7 Nov

Government to hand fillip to first time buyers?

Government to hand fillip to first time buyers?

First time buyers and key workers could be handed a fillip by the government under new proposals revealed in the government's housing green paper yesterday.

Should the proposals be enacted, local authorities would be granted the power to formulate discounted deals for workers such as nurses and police - as well as those attempting to get on the housing ladder.

The proposals would involve the council handing over land it deems surplus to requirements to the Local Housing Company.

In return, the council will be granted input into any proposed developments, and could insist on provision of low cost local housing.

Housing minister Yvette Cooper said: "We urgently need to build more homes for first time buyers and families. That's why we are investing £10.2 billion to increase affordable and social housing.

"But the government cannot deliver this alone. This is a new way to help councils to do their bit to support new homes for key workers and families in their areas."

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