Government eases way for public sector homes

The
Government has announced the allocation of starter home initiatives to help
2,000 public sector employees working in housing hotspots outside London to buy
their first homes.

Under
the scheme, £20m of funding will provide £10,000 equity loans to key workers.
The equity loan scheme will help 1,000 nurses and healthcare workers, 700
teachers, 220 police and 80 other key workers, including fire fighters and
social workers.

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Housing
minister Lord Falconer, said the starter home initiative will help to ensure
that dedicated and essential staff are not priced out of the communities they
serve.

By Ben Willmott