Oral Answers to Questions Debate

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Department: Scotland Office

Oral Answers to Questions

Mark Lazarowicz Excerpts
Wednesday 26th June 2013

(11 years, 4 months ago)

Commons Chamber
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Michael Moore Portrait Michael Moore
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My hon. Friend, whose distinguished track record in these matters is well known to people across the House, makes a very important point. This week, the report of the Scotland Institute—an independent body—has put real and serious questions to the SNP and the yes campaign that they cannot answer.

Mark Lazarowicz Portrait Mark Lazarowicz (Edinburgh North and Leith) (Lab/Co-op)
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3. Which Department is responsible for promoting in Scotland the UK Government’s policies on supporting home buyers; and if he will make a statement.

David Mundell Portrait The Parliamentary Under-Secretary of State for Scotland (David Mundell)
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The Government are providing wide-ranging support to help people buy their homes. That support includes the UK-wide Help to Buy mortgage guarantee scheme, which is led by the Treasury and opens in January 2014. The Treasury has also worked with the Bank of England to implement the funding for lending scheme.

Mark Lazarowicz Portrait Mark Lazarowicz
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Next year, home buyers in Scotland will have the opportunity to access the Scottish Government’s shared equity scheme, the Scottish Government’s mortgage guarantee scheme and the UK Government’s mortgage guarantee scheme. That may sound like a surfeit of riches, but it is leading to confusion, even now, about the best way to access these schemes. Why do the Government not take more action to ensure that there is a close relationship between what the Scottish Government are doing and what the UK Government are doing to make sure that the benefits of these schemes do not go to second home buyers, buying houses of up to £600,000 a year, as the people who need them are first home buyers and people on modest incomes?