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Story summary
- United Kingdom prime minister announced the “Your First Home” scheme to aid first-time buyers without parental support.
- Eighteen-year-old Elliot from Hertfordshire said university fees cost £1,500-£2,000 and housing bills keep rising.
- Conservatives warned the scheme could increase first-time buyers’ debt and push up new-home prices.
- Housing minister Burnham said many young people are losing hope of home ownership and the government will intervene.
