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18062443120_8d350fd850_b.jpg?profile=RESIZE_710xNew homes at reduced rents give first-time buyers a chance to get on the housing ladder

Mental health nurse Nicole Richards had been renting privately for years and had always found it impossible to save anything towards buying her first home, let alone the UK averaqe first-time buyer deposit of £46,000. But she has now moved into a brand-new property, slashed her rent bill by more than £250 a month – with most of that money being channelled into an Isa – and will hopefully be in a position to buy her home in five years’ time.

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The Guardian

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