Amendments put forward to extend the 20% discount on starter homes
Peers in the House of Lords have tabled potential amendments to the government鈥檚 controversial starter homes policy.
Last Thursday during the committee scrutiny stage, peers put forward two potential changes to the starter homes policy designed to extend the 20% discount period beyond the government鈥檚 proposed five year cut-off point.
Starter homes 鈥 which will be sold at 20% off the market rate and capped at 拢450,000 in London and 拢250,000 elsewhere 鈥 are a key plank of the government鈥檚 housing and planning bill.
Among the potential changes put forward was a Labour amendment to enforce the 20% discount 鈥渋n perpetuity鈥.
A further crossbench proposal, supported by Labour, was to make the 20% discount on starter homes subject to a restriction if the property is sold. The discount will have to be paid back upon sale but reduced by 1% per year for a period of 20 years.
The House of Lords committee reading of the bill is set to run until Parliament鈥檚 Easter recess, after which point peers will finalise its preferred list of amendments.
It will then be up to the government to adopt or contest the amendments 鈥 should it choose the latter route, the amendments will be debated and voted on in both the Lords and the Commons.
The starter homes policy has proved controversial, .
The bill has come under sustained fire in the House of Lords. In a debate in January crossbench peer Sir Bob Kerslake, a former boss of the Homes and Communities Agency, said the bill amounted to social housing 鈥渂eing written out of the script鈥.
Housing minister Brandon Lewis said, when the bill was laid in parliament, that it was a historic moment 鈥渒ick-starting a national crusade to get 1 million homes built by 2020鈥.
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