(4 years ago)
Commons ChamberI was just checking that the hon. Gentleman had received the letter and that he had read it. He has, and I am pleased and grateful for his further contribution. He will know that Welsh local authorities started the 2020-21 financial year with over £1.4 billion of usable reserves. Of that, £200 million was general and unallocated. As I said to him, the Treasury is in discussion with the Welsh Government regarding the funding on this topic. Welsh authorities should discuss further funding with the Welsh Government and I encourage him to do similarly.
(4 years, 2 months ago)
Commons ChamberAs I explained to the House just a moment ago—I think the hon. Gentleman heard what I said— the Government are working with lenders to make sure that this situation moves as quickly as possible, so that lenders require other more easily available assurances and are encouraged to act much more quickly. We continue to work with the industry to make sure that those people get the help and support they need, and I can confirm to him that we will bring forward further proposals very soon.
(9 years ago)
Commons Chamber7. What steps the Government are taking to support (a) people with savings and (b) home ownership.
8. What steps he is taking to help first-time home buyers.