Ministers have failed to deliver any of the promised tens of 1000’s of latest ‘starter homes’, despite setting apart greater than £2billion for the venture, in accordance to a spending watchdog.
It has led to the federal government being accused of ‘raising and then dashing people’s expectations’.
The Conservative Party had promised in its 2015 manifesto to construct 200,000 inexpensive new properties in England in a bid to assist first-time consumers below the age of 40 to take their first step on the property ladder.
Despite the federal government setting apart £2.three billion to help supply of the venture and construct the primary 60,000 properties below the scheme, the National Audit Office (NAO) mentioned that, to date, no starter properties have truly been constructed.
Although the federal government had handed the Housing and Planning Act 2016 so as to create the statutory framework for the venture to go forward, the NAO mentioned the related sections of the laws has but to come into pressure.
The Ministry of Housing, Communities and Local Government (MHCLG) now now not has a price range devoted to the starter properties venture, in accordance to the NAO.
Funding which had been earmarked for the scheme, has as a substitute been spent on buying and getting ready brownfield websites for housing extra typically – a few of which was ‘affordable’ housing.
Between 2015-16 and 2017-18, the MHCLG and its companies spent £174 million getting ready land initially supposed for starter properties.
The NAO mentioned that, whereas it was ‘possible’ builders had constructed and bought some properties which met the starter residence standards, legally they might not be marketed as such till the MHCLG had put place the mandatory secondary laws.
The chairwoman of the Commons Public Accounts Committee, Meg Hillier, mentioned: ‘Despite setting apart over £2 billion to construct 60,000 new starter properties, none had been constructed.
‘Since 2010, many housing programmes introduced with a lot fanfare have fallen away, with cash then recycled into the subsequent announcement.
‘The department needs to focus on delivery and not raise, and then dash, people’s expectations.’
Shadow housing secretary John Healey mentioned: ‘The Conservatives’ flagship housing announcement for first-time consumers has been a complete failure.
‘It’s clear you possibly can’t belief the Tories to do what they promise.’