Oral Answers to Questions
Debate between Guto Bebb and Simon Hughes
Guto Bebb (Aberconwy) (Con)
7. What steps his Department is taking to support home ownership and first-time buyers.
Simon Hughes (Bermondsey and Old Southwark) (LD)
15. What steps his Department is taking to support home ownership and first-time buyers.
The Minister for Housing and Local Government (Grant Shapps)
At the Budget, we announced the Firstbuy scheme, which will be co-funded by the Government and house builders, bring £500 million of investment into the sector and build about 15,000 homes throughout the UK. In England, those figures are £200 million and 10,000. In addition, the Government’s commitment to reducing debt is perhaps the most important thing that we can do to create stability, and recently I held a first-time buyers summit to pull together the sector and ensure that progress is made.