Burnham unveils 'Your first home' help-to-buy plan for England

Prime Minister Andy Burnham announced 'Your first home' for first-time buyers in England. Eligible buyers would get a 20% equity loan — a government share in the home — interest-free at first, to buy a new-build with a 2.5% deposit. Income, deposit and price caps would restrict it to modest homes for buyers without large savings or family support.