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 Answer of 20 January 2016 to Question 21620, what assessment he has made of the implications for (a) the number of Starter Homes to be delivered over the course of this Parliament, (b) the proportion of such homes reserved for first-time buyers and (c) the cost of such homes relative to the market price of the publication of Fixing our broken housing market, on 7 February 2017.
Our White Paper Fixing Our Broken Housing Market is clear that we are changing our focus to deliver a wider range of affordable housing. We are committed to ensuring there is a range of affordable homes to support people’s aspiration to buy a home, including starter homes. Through our range of Government programmes, we expect to help over 200,000 people become homeowners by the end of the Parliament.
Starter homes will still be exclusively sold to young first-time buyers at a minimum 20 per cent discount on market value.