YORK housebuilder Persimmon has said it commends the Government’s “decisive” action to help first time home buyers.

Andrew Bowes, managing director for Persimmon Homes Yorkshire, said the launch of the Firstbuy scheme, a joint initiative between the Government and new home developers, would help 10,000 families get onto the property ladder is welcome news.

He said: “The Firstbuy initiative follows on from the success of HomeBuy Direct, which was introduced in 2009, followed by Kickstart I and II. As a group, we had the largest allocation at around 20 per cent of the available HomeBuy Direct sites, meaning we were able to offer more choice, were more accessible and could offer the widest range of new homes to our customers.

“To date, we are pleased to report that we have helped more than 2,000 buyers get onto the housing ladder using this very scheme.

"We will continue to offer schemes such as Kickstart II to help aspiring First Time Buyers take that all important step and commend the Government for taking decisive action today.”