Government discounted starter home plan 'will fail to help most buyers'

Properties to be sold at 20% below market rate will still be out of reach for vast majority of first-time buyers, says Local Government Association The government’s plan to provide first-time buyers in England with discounted properties will fail to provide affordable housing for most families, according to local councils.Under the starter homes initiative, the government wants builders to construct 200,000 homes in England for sale only to first-time buyers.Continue reading...