David Cameron has announced that a future government led by him would build 100,000 new homes for people under the age of 40 and they could buy one of those houses at 20% below the market rate.
Unveiling the pledge - an extension of the Help to Buy mortgage scheme - Mr Cameron said the Conservatives wanted more young people to "achieve the dream" of owning their own home.
"I want young people who work hard, who do the right thing, to be able to buy a home of their own. So these starter homes will be sold at 20% less than the market value.
"They can't be bought by foreigners, they can't be bought by buy-to-let landlords, they can't be flipped round in a quick sale. They can only be bought by hard working people under the age of 40."
Although the Help to Buy Scheme is UK-wide, this offer only applies in England.
It all feels like desperate attempts to gain votes - just as he did in the referendum. Although it's an acknowledgement of the housing problem (given that he will remove the usual obstacles for a lucky few), it is a blatant 'vote for me' move instead - what does that say about his moral fibre? If he had any compassion for the people who provide his income (and of all MPs), wouldn't he have done this sooner?
Do you think it will encourage people to vote for him (assuming of course that they can actually afford a mortgage even with the reduction thanks to Labour and Tories driving down pay)?
HollyDaze Sun 28-Sep-14 06:34:20
rubylady Sun 28-Sep-14 06:54:56
FlicketyB Sun 28-Sep-14 07:59:57
petallus Sun 28-Sep-14 08:38:08
mollie65 Sun 28-Sep-14 09:19:23
durhamjen Sun 28-Sep-14 12:07:47
Nonnie Sun 28-Sep-14 12:13:57
HollyDaze Sun 28-Sep-14 16:02:34
HollyDaze Sun 28-Sep-14 16:04:06
goldengirl Sun 28-Sep-14 18:14:25
janeainsworth Mon 29-Sep-14 02:13:19
HollyDaze Mon 29-Sep-14 09:09:41
J52 Mon 29-Sep-14 09:43:08
Nonnie Mon 29-Sep-14 10:40:23
J52 Mon 29-Sep-14 11:51:20
durhamjen Tue 30-Sep-14 20:26:58
durhamjen Fri 03-Oct-14 00:31:53