Wednesday 7th June 2023

(11 months ago)

Lords Chamber
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Baroness Scott of Bybrook Portrait Baroness Scott of Bybrook (Con)
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The Government need to look at all opportunities for housebuilding but we have to look at brownfield land first, before agricultural land.

Lord Bird Portrait Lord Bird (CB)
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Are the Government looking at the possibility of expanding home ownership to groups of people who do not have that chance at the moment, thereby creating greater sociability out of poverty, because home ownership is one of the best ways of ending poverty?

Baroness Scott of Bybrook Portrait Baroness Scott of Bybrook (Con)
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I absolutely agree with the noble Lord, and this Government are committed to supporting home ownership and first-time buyers. Since spring 2010, more than 837,000 households have been helped to buy their own home through the government-backed schemes, including Help to Buy and Right to Buy. We have looked at stamp duty and made that much more positive for first-time buyers, and I believe we are spreading the opportunity to more people through our First Homes Scheme, giving a minimum of 30% discount to people who cannot otherwise afford to buy in their areas. That is what we are doing to support home ownership.