Starter home (United Kingdom)

A starter home is in the United Kingdom a house sold at a 20% discount to first time buyers under 40.[1] Starter homes are a policy of the Conservative Government. Starter homes are being introduced in the Housing and Planning Bill 2015-16. The National Housing Federation have described starter homes as “yet another short-term initiative that fails to address the root of the problem”.[2]

References

  1. ↑ http://www.theplanner.co.uk/news/200000-starter-homes-promised-by-cameron
  2. ↑ http://www.theguardian.com/money/2015/mar/02/starter-homes-initiative-discounted-properties-first-time-buyers
This article is issued from Wikipedia - version of the 5/10/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.