You are here: Home - Specialist Mortgages - Guides -

Guide to government Starter Homes policy

Written by:
A precis of the changes to planning laws aimed at boosting the availability of starter homes announced by David Cameron.
Guide to government Starter Homes policy


  • Developers will be able to offer ‘starter homes’ for sale instead of or as well as offering a proportion of their new-builds as affordable homes to rent.
  • These starter homes will only be available to buy for first-time buyers under 40 years old, at discounted prices
  • The price of the starter homes after the government discount is applied will be capped at £250,000 nationwide and at £450,000 in London
  • Those who buy them will be prevented from selling them for five years, to dissuade those looking to make a quick profit under the new policy
  • This is connected to the Conservative manifesto promise of ‘200,000 new homes by 2020’.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your Mortgage Guides

Your Mortgage Award Winners 2020-2021

Download our guide to the best mortgage lenders in the UK

Read More >