Title

WHITEHALL

Fears over first-time buyer pot

Concern has been raised about how the Government’s new housing scheme will assist first-time buyers in London.

Concern has been raised about how the Government's new housing scheme will assist first-time buyers in London.

London Councils has welcomed the move, but said at least 75% of the entire £250m budget had to go to the capital to be successful. London Councils executive member for housing, Lewisham mayor Sir Steve Bullock, said: ‘The pot must be seen in the context of the capital's high housing prices.'

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