Alex Cunningham – 2015 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Alex Cunningham on 2015-11-13.

To ask the Secretary of State for Communities and Local Government, what assessment he has made of the effect of the starter homes policy on access to (a) home ownership and (b) affordable rented accommodation in (i) London and the South East and (ii) England.

Brandon Lewis

Evidence shows that young first time buyers have been priced out of home ownership. Since the early 1990s, the proportion of under 40s who are homeowners in England has declined by over a third from 62% in 1993/4 to 39% in 2013/14. The Housing and Planning Bill will require local planning authorities to promote Starter Homes and ensure Starter Homes are included on all suitable, reasonably-sized developments in future.