Housing Minister Admits No Starter Homes Have Been Built Since 2016

Kit Malthouse has admitted that the government will fail to keep its 2015 election promise to build 200,000 starter homes by 2020. In 2016, the government allocated £1.2 billion to the ‘starter homes’ programme, which aimed to build 200,000 properties exclusively for first-time buyers at a 20% discount on their market value. When asked how many starter homes had been built since 2016, the housing minister stated: “At the moment, none”. This comes as housebuilders admit that they are unable to keep up with demand for Help to Buy properties. Read more on the Showhouse website.

https://www.showhouse.co.uk/news/housing-minister-admits-no-starter-homes-have-been-built-since-2016/