Starter homes could be out of reach fro the majority of families in England, according to new analysis from the Local Government Association (LGA).
Under the national starter homes scheme, first-time buyers will be able to buy 200,000 new starter homes over the next five years at a minimum discount of 20 per cent off the market value, with discounted prices capped at £450,000 in London and £250,000 elsewhere in the UK.