0 a small house or flat that is suitable for people who are buying their first home:
1 a home that is smaller and less expensive than the typical homes in an area, and that first-time buyers should have enough money to buy
We are announcing a new starter home initiative to help key workers, such as nurses and teachers and first-time buyers on modest incomes.
In addition, the starter home initiative will help around 170 officers to buy first homes in the next three years.
We are announcing a new starter home initiative to help key workers, such as nurses and teachers, and first-time buyers on modest incomes.
In addition, the first round of the starter home initiative gave £66 million to help 2,500 key workers in the south-east buy their own homes.
But we will look at those proposals with a view to encouraging all kinds of different ways in which we could help first-time starter home buyers.
We decided to allocate the bulk of the starter home initiative funding—£230 million—in the first round because it was considered important to get the schemes up and running.
Those in starter homes, the first time properties, where prices have gone rocketing up over the past few years, will be paying one-third.
Many first-time buyers are opting for those new starter homes rather than the traditional terraced housing.
