starter home


Also found in: Financial, Wikipedia.

starter home

n
(Commerce) a compact flat or house marketed by price and size specifications to suit the requirements of first-time home buyers
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Mentioned in ?
References in periodicals archive ?
Practical layout: Inside Holystone Homes's award-winning Admiral property at Foxdene View, Greenside, Gateshead.; Good start: Alan Lowery, right, of Holystone Homes, receives the Best Starter Home award from Rod Lugg, head of the Environment and Planning Design, Landscape and Environment Group at Durham County Council; Persimmon Homes Teesside: The Monkton, Deerness Heights, Crook, County Durham.; Yuill Homes: The Vermont, St Cuthbert's Mews, West Lane, Middlesbrough.
According to The Sunday Times, the average starter home in the town can be bought for PS60,000, a while a top-of-therange property would set you back PS412,322.
Nationwide, starter home buyers should expect to pay 25.6 percent of their income toward a mortgage (up 3.3 percentage points from 22.3 percent a year ago), compared to 24.4 percent for trade-up buyers (up 2.3 percentage points) and just 21 percent for premium buyers (up 1.3 percentage points).
8DA 3850 followed QUICKIE ACROSS: 1 Peculiarity 8 Sam 9 Hob 11 Aniseed 12 Gauge 13 Bet 14 Gag 15 Tumbler 17 Eve 19 Open 21 Rile 23 Cube 25 Spam 27 Arc 29 Praised 31 Ran 34 Foe 36 Agent 37 Scrooge 38 Yes 39 Ark 40 Starter home. DOWN: 1 Pane 2 Emit 3 Unequal 4 In debt 5 Rogue 6 Thug 7 Yoga 8 Sabre 10 Begin 16 Rob 18 Era 20 Pea 22 Imp 24 Unearth 25 Spray 26 Tissue 28 Cheek 30 Rotor 32 Ages 33 Nest 34 Foam 35 Ogre.
Tom Parry & Co on 01766 830126 THIS spacious mid-terrace home with a two-storey rear extension is conveniently situated within an easy reach of the local store, schools, health centre and park, making it the ideal starter home with no chain.
According to the guide, a starter home in Heswall would set you back by [pounds sterling]111,550, or [pounds sterling]530 per month, with a mid-market home coming in at [pounds sterling]301,000.
This ideal starter home comes finished to a very high standard throughout leaving nothing to do for the new owners other than simply move in.
PHILIP HAMMOND has been challenged to reverse the Government's "abysmal" record on housebuilding, as it emerged not a single property had been built under a flagship "starter home" policy.
"The housing market is extremely competitive, especially for first-time buyers who are looking to purchase a starter home," says Svenja Gudell, the chief economist for Zillow, which tracks housing markets across the U.S.
Lloyds said affordability of "second stepper homes" has improved in recent years, as the rising value of a starter home has given home owners bigger deposits to use as a springboard for their next property.
What: Two-bed flat Where: Aviemore How much: From PS160,000 What's the deal: Part of a new development of environmentally friendly flats, this would make an ideal starter home ...
Another finding in the research showed that 75 percent of all first-time buyers would prefer to bypass the starter home and instead wait and find the house that will match up better with their future needs.