David Lammy – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by David Lammy on 2016-04-08.

To ask the Secretary of State for Communities and Local Government, what steps his Department is taking to ensure that starter homes are affordable; and how his Department determines its definition of affordability of such homes.

Brandon Lewis

The Government expects starter homes to be entry level properties; where the value reflects the average first time buyer price in an area. We are introducing maximum price caps after the discount has been applied to ensure that they are in reach of the typical first time buyer; and are working with the sector to secure a transparent valuation process to ensure starter homes are valued fairly in each area with a genuine discount.