Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Communities and Local Government, with reference to the White Paper, Fixing our broken housing market, what privately funded affordable rent to buy housing products will count towards the (a) minimum 10 per cent affordable home ownership units on new housing sites and (b) requirement for new affordable home ownership products on Starter Homes Land Fund sites.
Subject to the outcome of the White Paper consultation, we envisage that affordable rent to buy housing which meets the criteria set out in the Paper, would count towards the proposed minimum 10 per cent affordable home ownership units and affordable home ownership products on starter homes land fund sites. The proposed affordable housing definition includes intermediate housing that is provided for sale and rent at a cost above social rent, but below market levels, and can include rent to buy housing.