Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department plans to review the (a) incentives available to and (b) constraints on the affordability of homes for first-time buyers.

We have introduced a number of interventions that aim to increase the opportunities available to those wishing and able to get on the property ladder for the first time. These include First Homes, the Mortgage Guarantee Scheme, Shared Ownership and Right to Buy. We have also reduced stamp duty and raised the thresholds for First-Time Buyers’ Relief. We also run the Lifetime ISA scheme to help young first-time buyers save for their first home.