The Government took many by surprise by announcing a new affordable housing product, called First Homes, at the end of last week.
Whilst its announcement was accompanied by the opening of a formal consultation exercise, it is clear that that process is aimed only at finessing some of the finer details of the product.
The broad outlines are pretty much fixed, and the Government is committed to launching First Homes as soon as possible.
Read our new PDF briefing about the new First Homes scheme.
For more information about the First Homes scheme, please contact Neil Toner, Hannah Langford or Alasdair Muir in our Real Estate & Projects team.