Report says initiative strung along 85,000 young people waiting for discounted housing
A government plan to deliver discounted starter homes has left 85,000 young people waiting in vain for an affordable place to live, in a policy branded “deplorable” by a cross-party committee of MPs.
The 2015 initiative to build 200,000 homes and sell them at a 20% discount was formally scrapped this year without a single home being built. But £173m was spent buying land, a damning report by the Commons public accounts committee said. It is now on course to deliver only 6,600 homes and is being replaced by a new scheme.
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