Thousands of starter homes given go ahead

Housing Minister Gavin Barwell has confirmed that new homes for first-time buyers between 23 and 40 years old will become available at a discount of at least 20 per cent below market value.

Barwell announced that 2017 will see the first Starter Homes being built on brownfield sites across the country, providing support to enable first time buyers to become home owners.

They will be built exclusively for first-time buyers between 23 and 40 years old at a discount of at least 20 per cent below market value.

The first wave of 30 local authority partnerships – selected on the basis of their potential for early delivery – will spearhead schemes.

These partnerships have been established under the government’s £1.2 billion Starter Homes Land Fund which supports the development of starter homes on sites across England.

According to the DCLG, the first places will begin construction later this year along with sites supported by the Homes and Communities Agency.

Housing Minister Gavin Barwell said: “This government is committed to building Starter Homes to help young first time buyers get on the housing ladder.

“This first wave of partnerships shows the strong local interest to build thousands of Starter Homes on hundreds of brownfield sites in the coming years. One in three councils has expressed an interest to work with us so far.”