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Written question asked by Nick Raynsford (Labour) on Tuesday, 3 March 2015, in the House of Commons. It was due for an answer on Thursday, 5 March 2015. It was answered by Brandon Lewis (Conservative) on Monday, 9 March 2015 on behalf of the Department for Communities and Local Government.


Housing: Construction

Question

To ask the Secretary of State for Communities and Local Government, for what reason the in perpetuity provision applicable to discounts in rural exceptions sites is not applied to homes developed under the starter homes exceptions policy.

Answer

The Government believes a five year restriction on the sale or letting of a Starter Home at its open market value under the new Starter Home exception sites planning policy strikes the right balance between discouraging short term speculation and enabling this generation of young first buyers into homeownership.


Secondary information

Type
Written question
Reference
225976
Session
2014-15
Subjects
Construction Housing Discounts Rural areas First time buyers
Link
View this Written question on www.parliament.uk