Thomas Bridge 02 March 2015

First time house buyers offered 20% discount

First time house buyers offered 20% discount image

First time house buyers will from today be able to register for a 20% discount on certain properties in England.

The Starter Homes initiative will allow prospective buyers aged under 40 to claim the discount on properties built on brownfield sites. Discounts will remain on these properties for the first five years to stop buyers from re-selling and winning a quick saving.

Builders will be freed from affordable housing contributions to develop these properties on underused commercial or industrial land.

Councils and housebuilders can now start submitting plans to get Starter Homes developments underway, with working alongside developers to find suitable sites.

Yet housing associations raised concerns that the scheme could be detrimental to the development of affordable and social properties.

Prime minister David Cameron said: 'We want to help people who work hard and want to get on in life but have been priced out of the housing market. A 20% discount off the price could be a real game-changer for many aspiring home-owners.'

Communities secretary Eric Pickles added: 'The number of first-time buyers is already at a seven-year high and these Starter Homes, available at a 20% discount, will help even more people realise their dream of home ownership.

'This will also form part of our wider efforts to get the country building again, which have already led to 700,000 new homes being delivered since the end of 2009.'

Responding to the announcement, David Orr, chief executive of the National Housing Federation, said: 'This initiative would come at the expense of investment into properties for affordable and social rent and shared ownership, taking money away from renters and giving it to first-time buyers. We need all developments to contribute to affordable housing supply.

'We are calling on the next government to come up with a long-term plan to end the housing crisis within a generation, by making homes affordable as well as helping first-time buyers.'

Meeting new planning requirements for trees image

Meeting new planning requirements for trees

Concrete block permeable paving offers an important opportunity to help satisfy the requirement for extensive tree planting and retention of existing trees in developments. Chris Hodson reports.
SIGN UP
For your free daily news bulletin
Highways jobs

Director of Children's Safeguarding and Care 

Gloucestershire County Council
Up to £116,391, plus relocation support
We are looking to fill this vital role at a very important time for us.  Our children’s services team is on an important journey of... Gloucestershire
Recuriter: Gloucestershire County Council

Corporate Director

Ceredigion County Council
£97,294 - £104,086
We are looking to recruit an ambitious and truly transformational leader to support the delivery of modernised and sustainable services to... Penmorfa, Porthmadog
Recuriter: Ceredigion County Council

Street Works Co-ordinator

Lincolnshire County Council
£21,153 - £23,791
Do you want to make a difference to how Street Works are managed within Lincolnshire? Lincolnshire
Recuriter: Lincolnshire County Council

Community Co-ordinator (Health inequalities)

Brent Council
£32,418 - £34,209 p.a. inc.
The successful candidate will have evidenced experience of working in a community environment. Brent, London (Greater)
Recuriter: Brent Council

Homelessness Prevention and Relief Officer

Brent Council
£32,418 - £34,209 p.a. inc. (pro-rata)
You must have an understanding of homelessness legislation, and an ability to learn legislation quickly with training, coupled with... Brent, London (Greater)
Recuriter: Brent Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue