The government has spent £250m to boost starter home
construction without a single property being built so far, it has emerged.
Dominic Raab, the housing minister, made the admission in response to a
question from John Healey, the shadow housing secretary, who described the
situation as “a betrayal of young Brits looking for help to buy a first home”.
In March 2016 the government announced a £1.2bn fund to help deliver “200,000
quality starter homes by 2020 exclusively for first-time buyers at a 20%
discount on market value”. The promise was originally made in the
Conservatives’ 2015 election manifesto. Read more on the Guardian website.
Thursday briefing: How Michael Gove’s ‘new deal’ for renters went sour
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In today’s newsletter: The renters’ reform bill was meant to address a
spiralling housing crisis, but as a watered-down version finally passes, we
look a...
6 hours ago
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