First-time Homebuyers

Part of Treasury – in the House of Commons on 19th April 2016.

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Photo of Alison McGovern Alison McGovern Labour, Wirral South

But there is a problem, because the Office for Budget Responsibility says that lifetime ISAs will increase house prices, as they will increase demand and there is relatively restricted supply. Is the Chancellor confident that his measures to increase the supply of housing will mean that the OBR is able to revise that analysis—yes or no?