Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Alan Mak Excerpts
Tuesday 1st December 2015

(8 years, 11 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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The hon. Member for Havant (Mr Mak) looks animated and contented. Let’s hear from the fellow.

Alan Mak Portrait Mr Alan Mak (Havant) (Con)
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Thank you, Mr Speaker. Household debt will be kept low, thanks to the Government’s support for savers, including the Help to Buy ISA that was launched today. Will the Minister join me in encouraging first-time buyers and young savers to take advantage of this new Government support, which is part of the Government’s long-term economic plan?

Harriett Baldwin Portrait Harriett Baldwin
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I am delighted that, on behalf of his constituents in Havant, my hon. Friend has noticed that the Help to Buy ISA scheme launches today. Fourteen financial institutions are already offering this exciting new opportunity to save for a home, and I hope that many of his constituents will take advantage of it.