Conservatives pledge £5,000 tax rebate for young home buyers

BBC NewsMonday, October 6, 2025 at 11:57:13 AM
Conservatives pledge £5,000 tax rebate for young home buyers
The Conservatives have announced a promising £5,000 tax rebate aimed at young home buyers, a move that could significantly ease the financial burden for many first-time purchasers. Shadow Chancellor Mel Stride emphasized that this initiative will be funded through a reduction in public spending amounting to £47 billion. This plan is crucial as it addresses the challenges faced by younger generations in entering the housing market, making home ownership more accessible and potentially revitalizing the economy.
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