Housing: Construction

(asked on 3rd March 2015) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Communities and Local Government, for what reason the in perpetuity provision applicable to discounts in rural exceptions sites is not applied to homes developed under the starter homes exceptions policy.


Answered by
Brandon Lewis Portrait
Brandon Lewis
This question was answered on 9th March 2015

The Government believes a five year restriction on the sale or letting of a Starter Home at its open market value under the new Starter Home exception sites planning policy strikes the right balance between discouraging short term speculation and enabling this generation of young first buyers into homeownership.

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