Burnham Unveils New Help-to-Buy Scheme for First-Time Buyers
Prime Minister Andy Burnham announced a new scheme called 'Your first home' aimed at first-time buyers in England who lack support from family. The program targets those with regular income but unable to save for a large deposit.
๐ฟ๏ธ By bypassing the 'bank of mum and dad', Burnhamโs policy directly tackles the generational inequality in home ownership, shifting the burden from family wealth to government assistance.