All 1 Debates between Simon Kirby and Huw Merriman

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Debate between Simon Kirby and Huw Merriman
Tuesday 17th January 2017

(7 years, 10 months ago)

Commons Chamber
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Huw Merriman Portrait Huw Merriman (Bexhill and Battle) (Con)
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T8. The Halifax reports that the number of first-time buyers is at its highest since 2007 and cites Government schemes such as Help to Buy as making a major contribution. What more can the Government do to back aspiration and get more people on the housing ladder?

Simon Kirby Portrait The Economic Secretary to the Treasury (Simon Kirby)
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The Help to Buy scheme has helped more than 220,000 households to buy a home, including more than 180,000 first-time buyers. In the autumn statement, the Chancellor announced that the Government will invest an additional £1.4 billion in affordable housing to deliver 40,000 new homes for shared ownership, rent to buy and affordable rent, bringing the total funding of the affordable homes programme to £7.1 billion.