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<p>The Government is committed to increasing the number of first time buyers. Action
taken in support of this Includes:</p><p>- extending the Right to Buy - which has
supported council tenants into home ownership for decades - to housing association
tenants. This will give another 1.3 million families the chance to purchase a home
at right to buy level discounts;</p><p>- Help to Buy schemes, targeting those wanting
to get onto the housing ladder with 80% of sales going to first time buyers, which
have so far enabled over 130,000 families to purchase a home;</p><p>- launching, on
1 December 2015, the Help to Buy: ISA which will help first-time buyers save for their
first deposit. The Government will top up savings by 25%, up to a maximum top-up of
£3,000; and</p><p>- a £2.3 billion fund to deliver 200,000 Starter Homes by 2020,
to be exclusively offered to first time buyers under 40 at a 20% discount on market
value.</p><p>Information on housing tenure and the age of the household reference
person in England, based on data from DCLG’s English Housing Survey, can be found
(in Annex Table 1.4) at:</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/469214/2013-14_Section_1_Households_tables_and_figures_FINAL.xlsx"
target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/469214/2013-14_Section_1_Households_tables_and_figures_FINAL.xlsx</a></p><br
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