Housing: Construction

(asked on 8th April 2016) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Communities and Local Government, what steps his Department is taking to ensure that starter homes are affordable; and how his Department determines its definition of affordability of such homes.


Answered by
Brandon Lewis Portrait
Brandon Lewis
This question was answered on 18th April 2016

The Government expects starter homes to be entry level properties; where the value reflects the average first time buyer price in an area. We are introducing maximum price caps after the discount has been applied to ensure that they are in reach of the typical first time buyer; and are working with the sector to secure a transparent valuation process to ensure starter homes are valued fairly in each area with a genuine discount.

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