(8 years, 4 months ago)
Commons Chamber7. What recent assessment he has made of the contribution of the farming sector to the economy in Wales.
11. What recent assessment he has made of the contribution of the farming sector to the economy in Wales.
(11 years, 1 month ago)
Commons Chamber8. What funding his Department makes available to help armed forces families to get on the housing ladder.
9. What steps he is taking to help improve home ownership among members of the armed forces.
The Secretary of State for Defence recently announced that £200 million has been allocated for the creation of the forces Help to Buy scheme. Launching on 1 April 2014, it will significantly improve the support available to members of the armed forces who wish to buy their own home. Forces Help to Buy will offer the men and women of our armed forces a deposit loan of 50% of their annual salary, up to a maximum of £25,000. The loans will be interest-free and repaid over an affordable 10-year period. As well as that additional funding, there will be tailored advice on financial and housing matters. Of course, service personnel are also afforded high priority and additional flexibility under the Chancellor’s main Help to Buy equity share scheme.