To ask His Majesty's Government what proportion of (1) public, and (2) private, homebuilding, over the next 10 years they expect will be designated for key workers; and what plans they have to ensure that they remain occupied by key workers.
Answered on
6 January 2023
This Government is committed to providing the affordable housing the country needs and has introduced a range of measures intended to make it easier for people to enter the housing market.
The First Homes programme is designed to help local first-time buyers on to the property ladder, by offering homes at a discount of at least 30% of the market price. The discount is passed on to all future purchasers in perpetuity, meaning these homes will continue to benefit first-time buyers for generations to come.
Local authorities are able to prioritise certain groups in their local area, which can include key workers or those with a local connection.
Additionally, we are investing £11.5 billion to provide tens of thousands of new homes across the country, a significant number of which will be for Affordable and Social rent, to help those most in need.