Ministers say they want to offer new starter homes in both towns and the countryside – and it is possible that some will be built in the Green Belt.
The price of homes available in the scheme will be capped at £250,000 outside London and £450,000 in the capital.
Mr Cameron will pledge that design standards will not be allowed to slip, saying that people will not be offered ‘rabbit hutches or shoe boxes, but decent, well-built homes with gardens – places to start and raise a family’.
But industry sources questioned whether the scheme could be delivered and pointed out that it has been doubled in size before a single home has been built.
One senior industry figure described the target for 200,000 cut-price homes over five years as ‘very ambitious’ in the context of the 125,000 or so new houses started in total last year.
Read more: http://www.dailymail.co.uk/news/article-2974560/Tory-plan-tackle-historic-slump-home-ownership.html#ixzz3U7FGaBgU
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