The Government has made two announcements early this year, showing their intention to get more homes built in 2017.
Firstly, the Government has announced that thousands of Starter Homes will be built in 2017 across the country.
Starter Homes were introduced by the Housing and Planning Act 2016, being newly built and available only for first-time buyers aged between 23 and 40 years old. They will be made available at a discount of at least 20% below market value and capped at £450,000 in Greater London and £250,000 elsewhere.
The Government confirmed that 71 sites have received investment from the £1.2 billion Start Home Land Fund and 30 local authorities have entered into partnerships to get construction of Starter Homes going on brownfield sites. These include Chichester District Council, Mid Sussex District Council and Worthing District Council.
Secondly, the Government has announced its backing of garden towns and villages. 17 such sites have been identified across the Country and are expected to deliver nearly 200,000 new homes. They will be given access to funding with a view to support their delivery. Included is a proposed site in Longross, Surrey. There may be another call for expressions of interest for further sites of garden towns and villages.
For further information or advice regarding any aspect of planning, please contact Chloe and the team.