PRIME Minister David Cameron is in Colchester today to unveil the Conservative's plans to help first time buyers.

      Scroll down for updates.

The Conservative leader said the party wants to build 200,000 cut-price starter homes for first-time buyers by 2020.

Mr Cameron last visited the town in April last year, when he announced a Government plan to get unemployed people back to work.

UPDATE 12.30pm

Our reporter Wendy Brading is at today's event.

Braintree and Witham Times:

UPDATE 1pm

Mr Cameron announced today, if voted back into power in May, a Conservative Government will build 200,000 cut-price starter homes for first-time buyers by 2020.

That is twice the number currently planned.

They will only be available to first-time buyers under the age of 40 and a cap will be put on their price of £250,000 outside London or £450,000 in London.

Developers will be able to build them for 20 per cent less than the usual price because they will not have to pay so-called Section 106 money on them.

This money is used by councils to pay for services and to go towards new schools and doctors' surgeries.

The coalition has already announced proposals to build 100,000 starter homes by 2020.

But the Prime Minister pledged today that – as part of his long-term economic plan – a Conservative government will double that figure and build 200,000 over the course of the next Parliament.

Speaking to a packed audience of press and Tory party fatihful, Mr Cameron said he would rebuild the country, brick by brick.

He said: "Conservatives don’t promise utopias...we just want to deliver the British people security at every stage of their life."

Read the full story, including reaction, in tomorrow’s Gazette.

What do you think of his idea? Email wendy.brading@nqe.com