Oral Answers to Questions

George Hollingbery Excerpts

Monday 21st October 2013 Commons Chamber

[George Hollingbery (Meon Valley) (Con)]

T2. My constituency is home to a great many members of the armed forces. As is well known, levels of home ownership are below average among this group, not least because credit is difficult to obtain for a whole slew of reasons particular to the profession. Will the Minister update the House on the progress made in addressing this problem?

[The Parliamentary Under-Secretary of State for Communities and Local Government (Kris Hopkins)]

As a former soldier, I thank my hon. Friend for asking that question and applaud him for his interest. Every day, a military family is taking up home ownership as a consequence of the Government’s intervention. To date, 780 families have taken advantage of First Buy and our home loan equity plan.