Housebuilder reaction to PM's Starter Homes announcement
Please find reaction below to the announcement by the Prime Minister on Starter Homes and about flexibility with regards to the definition of affordable housing.
Stewart Baseley, executive chairman of the Home Builders Federation said;
"We welcome the Government's plans to deliver on its pledge to improve home ownership opportunities for young people. Over the past 25 years, as building new homes has become ever more costly and complex, output has fallen and the housing ladder has slipped further out of reach for many.
"Greater flexibility in the way affordable housing is provided should not only speed up the process of securing an implementable planning permission but also make more sites viable for new housing. This will in turn increase availability of homes of all types and help address the chronic shortage that has been allowed to develop.House builders are committed to delivering high quality, low-cost homes for a new generation of first-time buyers, if the policy environment allows them to."