Government has ‘failed to build a single starter home’, says watchdog

House building

Not a single starter home has been delivered using special £2.3bn fund established for the purpose

The government has been lambasted by the chair of the Public Accounts Committee (PAC) of MPs after it emerged that despite promising five years ago to spend £2bn building 60,000 starter homes no such housing has actually been delivered.

A report by the National Audit Office (NAO) said that plans to create 200,000 starter homes for first-time buyers had come to nothing, and that the £2.3bn – including a £1.2bn brownfield fund – proposed in the November 2015 Spending Review to deliver 60,000 such homes instead ended up being spent on other residential programmes, including affordable housing.

Read more…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community