text_body: --- DIVISION TITLE ---
  
  Housing and Planning Bill - Clause 2 - First Time Buyer Starter Home Discounts to Remain in Perpetuity
  
  --- MOTION EFFECT ---
  
  The majority of MPs voted against requiring the discount for those buying a starter home to be passed on to future buyers in perpetuity.
  
  MPs were considering the Housing and Planning Bill[1]
  
  The amendment rejected in this vote was:
  
  :Amendment 39, page 2, line 25, at end insertâ
  
  :â(8A) The restrictions on resales and letting at open market value relating to first time buyer starter homes must be in perpetuity.â
  
  An explanatory statement accompanying the rejected amendment[2] stated:
  :The amendment would require the discount to remain in perpetuity. 
  
  The rejected clause would have impacted Clause 2 of the Bill[3] titled ''What is a starter home?'' which defined a starter home. The definition included the home being :
  
  * a new dwelling,
  * available for purchase by qualifying first-time buyers only,
  * sold at a discount of at least 20% of the market value,
  * sold for less than the price cap,
  
  The price caps, also set by Clause 2[2] were Â£450,000 in Greater London and Â£250,000 elsewhere. The accompanying definition of qualifying first-time buyer included being a first time buyer under 40 years old.
  
  The rejected amendment appeared to attempt to impose a requirement on the content of regulations made in relation to the clause.
  
  ==
  
  
  * [1] [http://services.parliament.uk/bills/2015-16/housingandplanning.html Parliament's webpage on the Housing and Planning Bill]
  * [2] [http://www.theyworkforyou.com/debates/?id=2016-01-05c.153.1#g153.2 House of Commons, Official Record, 5 January 2016]
  * [3] [http://www.publications.parliament.uk/pa/bills/cbill/2015-2016/0075/cbill_2015-20160075_en_2.htm#pt1-ch1-l1g2 Clause 2 of the Housing and Planning Bill as at the time of the vote]
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  