Starter Homes Contents

Introduction

The Ministry of Housing, Communities & Local Government (the Department) aims to support the delivery of a million new homes in England between April 2015 and the end of 2020, half a million more by the end of 2022, and be on track to deliver 300,000 net additional homes per year by the mid-2020s. These ambitions have been expressed in an extensive array of policies. The government announced one such policy in April 2015 when it committed to delivering 200,000 Starter Homes to be sold at a 20% discount and available exclusively for first-time buyers under the age of 40. The November 2015 Spending Review provided £2.3 billion to support the delivery of 60,000 of these planned homes. From 2015, the Home Builders Federation administered a register of people interested in buying a Starter Home. But despite the Department having spent £192 million by July 2019 on remediating land intended for Starter Homes, none have been built because the Department has not enacted the necessary secondary legislation following the Housing and Planning Act, 2016. The spending is, however, supporting the development of homes more generally, including some affordable housing. In January 2020 the Department announced that the Starter Homes policy was no longer being pursued. In February 2020 it launched a new initiative, First Homes, which also aims to deliver discounted homes for first-time buyers, while differing from Starter Homes in some significant ways.




Published: 9 December 2020 Site information    Accessibility statement