Mortgages: First Time Buyers

(asked on 25th November 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had discussions with mortgage providers on the availability of fixed term mortgages to first time buyers.


Answered by
Tulip Siddiq Portrait
Tulip Siddiq
Economic Secretary (HM Treasury)
This question was answered on 2nd December 2024

The Government is regularly in contact with mortgage lenders on all aspects of their business, including the provision of finance to first time buyers.

This Government will turn the dream of owning a home into a reality by fixing the planning system and building 1.5 million more homes, as well as helping buyers who are struggling to save for a large deposit by introducing a permanent Mortgage Guarantee Scheme.

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