'Your First Home': Getting The Younger Generation On The Housing Ladder | Labour MP

“[Young people] quite easily pay more in rent every single month than in many cases they would pay in a mortgage but can't get the down payment.” Labour’s "Your First Home" scheme will allow first-time buyers in England to buy a new-build property with a 2.5% deposit and a 20% equity loan, this will give the younger generation a “really important” access point to “own something that theirs” says Labour MP for Glasgow South West, Zubir Ahmed. Zubir Ahmed was speaking to Rosie Wright and Calum Macdonald on Times Radio Breakfast. Listen live every Friday-Sunday, 6-10am. Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_center?add_user=timesonlinevideo Find us on Facebook: https://www.facebook.com/timesandsundaytimes/ Find us on X: https://x.com/thetimes Find us on Instagram: https://www.instagram.com/thetimes/