First-time Buyers: Help to Buy and Stamp Duty

Part of Housing, Communities and Local Government – in the House of Commons at 12:00 am on 5 November 2018.

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Photo of Kit Malthouse Kit Malthouse Minister of State (Housing, Communities and Local Government) 12:00, 5 November 2018

At this stage, there is no indication from the early returns on Help to Buy that the situation that the right hon. Gentleman raises is occurring. Indeed, early numbers show a higher level of successful redemption than we expected and we hope that that will continue.