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Starter homes pledged by government in 2014, but none built, says watchdog

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Tories fail to build any of 200,000 starter homes promised in 2015, says watchdog National Audit Office says no starter homes have been built despite election pledge

https://www.theguardian.com/society/2019/nov/05/tories-broke-pledge-on-starter-homes-in-2015-manifesto-report-says

BBC News - Starter homes pledged by government in 2014, but none built, says watchdog

https://www.bbc.co.uk/news/business-50296672

Quote

A government plan to create 200,000 new homes for first-time buyers has resulted in no homes being built, the National Audit Office has found.

Announced in 2014, "starter homes" were meant to be aimed at those under the age of 40 and sold at a 20% discount.

But legislation to take the project forward was never passed.

Labour called the policy a total failure, but the government said it had a "great track record" for house building.

Former prime minister David Cameron committed to the scheme in the 2015 Conservative Party manifesto as a way of tackling the affordable housing crisis.

The project was also supposed to support the wider growth and regeneration of local areas, and some town centres.

The homes were meant to be built across the country by the end of the decade and more than £2bn was set aside for the first tranche of 60,000 dwellings.

According to the National Audit Office (NAO), between 2015-16 and 2017-18, the Ministry of Housing, Communities and Local Government (MHCLG) spent almost £174m on acquiring and preparing sites originally intended for building starter homes.

These were in places such as Plymouth, Bury, Basildon, Stockport, Bridgwater, Cinderford and Bristol.

But the spending watchdog said the sites were all now being used for housing more generally, only some of which was affordable.

'Dashed expectations'

It said the scheme had faltered because the necessary legislation and planning guidance had never been put through Parliament, despite expectations it would happen in 2019....

 

Edited by Saving For a Space Ship

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"Dashed expectations?" Get away.  If you ever had any expectations it's your fault for having had them, this is not 1950 you know.

They're building something in our village. I hope they really are starter homes. If they aren't things are a whole lot worse than I ever thought could be possible.

Seeing as we are about to be charged for keeping our money in the banks I suggest it would also be fair that people  be paid to live in these imitation animal pens. 

Rent, mortgage, you're having a laugh?

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Except the problem really isn't the number of starter homes they've promised and failed to build, it's the outrageous price distortions they've maintained in the market by using public money to subsidise the creation of 560,000 private sector households via Help to Buy and Right to Buy etc.

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Evidently their heart wasn't in this scheme...it would not deliver on the objective in the way HTB has...ie higher prices. 

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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