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What is a starter home?

Part of Housing and Planning Bill – in the House of Commons at 5:30 pm on 3rd May 2016.

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Photo of Brandon Lewis Brandon Lewis Minister of State (Communities and Local Government) 5:30 pm, 3rd May 2016

I am tempted to use the inimitable phrase, “I refer the hon. Lady to the comments I gave a few moments ago.” As I said earlier, if she looks at the evidence, she will find that the price a first-time buyer pays is actually quite different. I mentioned my hon. Friend the Member for Richmond Park; thanks to him, homes are already well below that price. The figure the hon. Lady mentioned is a cap; it is not the price at which these properties will be set—and I expect to see them much lower.