Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Victoria Prentis Excerpts
Tuesday 22nd May 2018

(5 years, 10 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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Some 69,000 individuals have already benefited from this vital tax relief and over 1 million will do so over the coming five years. We do not have disaggregated data specifically for Essex, but I can tell my hon. Friend that within the south-east 12,900 individuals have benefited from first-time buyer tax relief.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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17. My constituency tops the leader board for house building, building at the moment over three a day. Can the Minister give an assessment of how much my first-time buyers are saving because of the Government’s policies?

Mel Stride Portrait Mel Stride
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As I outlined to my hon. Friend the Member for South Basildon and East Thurrock (Stephen Metcalfe) who asked the preceding question, in the south-east 12,900 first-time buyers have benefited from this relief, of whom 9,000 purchased a property of a value of between £300,000 and £500,000 in total.