September 29, 2014

First-time buyers in England under the age of 40 could buy a house at 20% below the market rate if the Conservatives are re-elected, David Cameron has pledged.

The Conservative leader said a future government led by him would build 100,000 new homes for such people.

They would be built on brownfield land already identified for development and exempt from some taxes, he said.

He was speaking as the party prepares for its annual conference this weekend.

Conservative politicians and activists will gather in Birmingham from Sunday for what is the final conference before next May’s general election.

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