Housing

Deputy Prime Minister written question – answered on 23rd March 2005.

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Photo of Mr Matthew Green Mr Matthew Green Shadow Minister, Office of the Deputy Prime Minister Local Government & the Regions, Young People, Non-Departmental & Cross-Departmental Responsibilities

To ask the Deputy Prime Minister how many of the 15,000 homes to be built under the First Time Buyers Initiative he expects to be completed by 31 March 2008.

Photo of Keith Hill Keith Hill Minister of State (Housing and Planning), Office of the Deputy Prime Minister

Current estimates suggest that there could be up to 4,000 completions under the First Time Buyers Initiative by the end of 2008.

English Partnerships are continuing to develop the business model that will underpin the delivery of homes under the scheme, and this estimate is subject to revision.

However, the Office of the Deputy Prime Minister, in conjunction with English Partnerships, is committed to delivering 15,000 starts on site under the First Time Buyers Initiative by 2010.

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