First-time buyers in England offered 20% discount on new homes

redux

David Cameron promises that a new Conservative government will increase the number of starter homes being built.

Only a few weeks ago he was talking about relaxing planning constraints, so that developers are not required to include as much so-called affordable and social housing in new schemes.

wymondham

purch wrote: »

One thing you can guarantee is that these Houses will NOT be sold at 20% below market price.

They will be sold at 20% below a made up price that will be significantly higher than "market"

Yep, all you have to do is buy, wait 5 years then sell for bigger profit....


I wonder.. will these homes be known to have been sold on this scheme and incur any stigma at all, such as shoddy workmanship/smaller/cramped etc.... anything that could possibly stop them selling at rates on a par with non scheme properties...?? if so people could find themselves unable to move on??

CLAPTON

wymondham wrote: »

Yep, all you have to do is buy, wait 5 years then sell for bigger profit....


I wonder.. will these homes be known to have been sold on this scheme and incur any stigma at all, such as shoddy workmanship/smaller/cramped etc.... anything that could possibly stop them selling at rates on a par with non scheme properties...?? if so people could find themselves unable to move on??

what reason do you have for assuming they will be smaller and more shoddy that any other new build?

redux

Scepticism about the sincerity of coalition parties to commit seriously to a housebuilding
programme has been expressed by the outgoing Liberal Democrat MP Jeremy Browne. Speaking at
the Policy Exchange thinktank last week, he said: “Both governing parties travelled on the train
from Waterloo down to the Eastleigh byelection in 2012 and argued to the local electorate that
they would be the ones that were most effective at stopping any new housebuilding taking place in
Eastleigh, and then got on the train and came back to Waterloo and made speeches here in
Westminster about why we need more housebuilding.
“I said to Nick Boles, who at the time was the planning minister, ‘Have you been down to Eastleigh
yet?’ and he said, ‘I’m told I’m not allowed to go down in case it inflames the whole housebuilding
issue’.
”The public, whether it’s the NHS or housebuilding, detect that gap, and you will see it now at
constituency level with quite debased leaflet-based campaigning about what the parties are going
to stop at local level, which is almost completely at odds with the macro-level speeches that the
leaders are making up in Westminster”.

http://www.theguardian.com/society/2015/mar/02/david-cameron-plan-discounted-starter-homes-housing

hmmm ...

purch

CLAPTON wrote: »

what reason do you have for assuming they will be smaller and more shoddy that any other new build?

Take a look at houses built and sold under similar "discounted" schemes.

wymondham

CLAPTON wrote: »

what reason do you have for assuming they will be smaller and more shoddy that any other new build?

No real reason other than comments others have said. Are they any different? Do the developers throw them up quicker? Would be interesting to know...