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Housing: Young People

Asked by Kevin BonaviaLabourMinistry of Housing, Communities and Local GovernmentTabled Answered 4 September 2024UIN 2570

The question

To ask the Secretary of State for Housing, Communities and Local Government, what steps her Department plans to take to help (a) younger people and (b) first time buyers onto the housing ladder.

Answered by Matthew Pennycook

The affordability challenges facing prospective first-time buyers mean that too many young 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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