starter home

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starter home

n
(Commerce) a compact flat or house marketed by price and size specifications to suit the requirements of first-time home buyers
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The plan was first announced in December, 2014, and the Tory election manifesto, in 2015, promised to build 200,000 starter homes by 2020 for sale at a discount to firsttime buyers under 40.
On the sell-side you should do very well, given the huge demand for starter homes in coveted areas.
Labour will build a mix of 240 affordable KiwiBuild starter homes for first home buyers and state homes for families in need in Napier and Hastings, says Leader of the Opposition Jacinda Ardern.
1 percent over the past year, while the number of starter homes on the market fell 12.
On Monday, the Government suffered a defeat in the Lords over its flagship policy to boost the number of new starter homes.
It calls for extra powers to allow councils to decide on the number, type and quality of starter homes.
Five sites have been earmarked for work and 40% of the properties will be affordable starter homes.
Almost certainly an even greater resistance to urban sprawl, and perversely even greater pressure on - and opportunity to exploit - those five-year delivery numbers Starter homes Richard Brown: The Housing and Planning Bill has introduced a duty to supply starter homes through the planning process.
Mr Cameron talks passionately about building starter homes to enable people to get on the first rung of the housing ladder.
The development will include affordable housing, starter homes, larger family homes and potential retirement living.
The UK government reportedly plans to relax planning rules and has promises to build 200,000 affordable homes by 2020, with a Starter Homes scheme planned for England.
BANKING AND CREDIT NEWS-August 21, 2015-Government plans to boost starter homes in rural areas