article_snippet.sent: The properties would be at prices 20 per cent cheaper than The properties market value and reserved purely for first-time buyers under the age of 40.
article_snippet.sent: The 20 per cent discount is possible because the new properties will be exempted from taxes and reduced construction costs thanks to the release of cheaper, brownfield commercial land to build on.
article_snippet.sent: First-time buyers will also be able to combine the 20 per cent discount with a Help to Buy mortgage – which offers homeseekers a 20 per cent Government-backed equity loan.
article_snippet.sent: The Help to Buy equity loan scheme was introduced in 2013 to offer buyers a 20 per cent Government loan to buy new properties, worth up to 95 per cent loan to value.
highlights_snippet.sent: Properties will be 20% cheaper than Properties market value for under-40s .
  