Starter Home Scheme

The discounted price for these homes should be priced no more than 250 000 outside london and 450 000 in london.

Starter home scheme. As starter homes is a new concept the government will continue to listen to the views of the community and finalise the details of the scheme for announcement in mid 2018. Under the starter homes initiative the government has pledged to build thousands of new homes to be sold at a minimum discount of 20 to first time home buyersaged between 23 and 40 but as of mid 2018 no properties have yet been built. While the hbf has agreed to run a website through which prospective buyers can register an interest so that as and when homes do become available they receive information we have had no direct role in designing the scheme.

The starter homes scheme is a government initiative providing around 200 000 affordable new build homes to first time buyers. The starter home scheme is a new government plan where 200 000 new build homes are available to first time buyers under 40 years old with at least 20 off the market price. With the new starter homes there are now three forms of subsidised offerings for sale.

The starter home scheme is a government initiative. The initiative aims to provide up to 200 000 affordable new build homes to first time buyers in england by 2020. The starter homes scheme aims to help first time buyers between 23 and 40 years purchase a home with a minimum 20 discount off the market price.

In a report published on tuesday the national audit office said the government had earmarked 2 3bn in its november 2015 spending review to build the first 60 000 houses under its so called. Local planning authorities and developers should work together to determine what size and type of starter.