First Time Buyers: Government Assistance

Ministry of Housing, Communities and Local Government written question – answered on 20th July 2020.

Alert me about debates like this

Photo of Andy Carter Andy Carter Conservative, Warrington South

What plans he has to help first-time buyers to purchase their own homes.

Photo of Robert Jenrick Robert Jenrick The Secretary of State for Housing, Communities and Local Government

This Government will reset our national homeownership offer – ensuring local people and key workers have the opportunity to build a life in their own community.

First Homes, our new homeownership programme, will discount homes by at least 30 per cent for key workers, local people, and first-time buyers – including those who have done so much to respond to the Covid-19 outbreak. We recently closed our consultation on First Homes and will publish our response soon.

At the same time our new £12 billion investment in affordable homes will create thousands of new homes for Shared Ownership.

And all of this adds to other Government-backed schemes, including Help to Buy, which have supported over 627,000 households into homeownership since 2010.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.