Andy Burnham considers income tax break to help young people onto property ladder 03.07.2026

Andy Burnham, widely seen as the next prime minister, is exploring a significant policy package to assist young people in buying homes. A key proposal involves exempting individuals from income tax for the first three years of full-time employment, which could cost up to £3.5 billion. This tax break is designed to help young workers accumulate savings for a mortgage deposit, addressing a major barrier to homeownership. Allies confirm the plan is part of a broader "major offer" that includes rent-to-buy schemes and extending Manchester's successful public transport model—offering free or reduced travel for 18- to 25-year-olds—across England.

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