First-time buyers in England offered 20% discount on new homes

First-time buyers under the age of 40 in England can now register to buy new homes at a discount of up to 20% off the normal price.

The offer is part of the government's new "starter homes" scheme to encourage home ownership and construction on previously used "brownfield" land.

The government hopes 100,000 new houses will be built specifically for first-time buyers by 2020.

Labour said the plans would ring hollow for those priced out of the market.

The 20% discount is achieved by waiving local authority fees for homebuilders of at least £45,000 per dwelling on brownfield sites.

The government said there would be no compromise on quality or energy efficiency, but first-time buyers would have to repay the 20% price advantage if they sold within five years.

Housing minister Brandon Lewis urged first-time buyers to register on the starter homes website from Saturday.