VerbatimParliament, as it happens

Help to Buy Scheme

Asked by Sir John HayesConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 13 September 2024UIN 4336

The question

To ask the Secretary of State for Housing, Communities and Local Government, if she will make it her policy to extend the Help to Buy scheme for first-time buyers.

Answered by Matthew Pennycook

The Government recognises that 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. We will keep under review additional measures to support first-time buyers.

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