None Of Pledged Starter Homes Built, Says Watchdog

A government plan to create 200,000 new homes for first-time buyers has resulted in no homes being built, the National Audit Office has found. Announced in 2014, "starter homes" were meant to be aimed at those under the age of 40 and sold at a 20% discount. But legislation to take the project forward was never passed. MHCLG spent some £174m on acquiring and preparing sites.Labour called the policy a total failure, but the government said it had a "great track record" for house building. Read more on the BBC website.

https://www.bbc.co.uk/news/business-50296672