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First Time Buyers

Asked by Mrs Kemi BadenochConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 2 August 2024UIN 1752

The question

To ask the Secretary of State for Housing, Communities and Local Government, what plans she has to support home ownership for first-time buyers.

Answered by Matthew Pennycook

The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of homeownership.

In addition to increasing the supply of homes of all tenures, the Government has committed to introducing a permanent, comprehensive mortgage guarantee scheme and to giving first-time buyers the first chance to buy homes.

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