Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, what steps her Department is taking to help support young people to get onto the housing ladder in Surrey Heath constituency.
The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of home ownership. This government is determined to change that, ensuring that young families and hardworking renters can buy a home of their own.
The most sustainable long-term method to improve housing affordability and help people into home ownership is to increase the supply of housing. That is why the government committed to deliver 1.5 million homes over the Parliament in the Plan for Change.
In addition to increasing the supply of homes of all tenures, we are committed to introducing a permanent, comprehensive mortgage guarantee scheme meaning first-time buyers in Surrey Heath and across the country will be able to take their crucial first step on to the property ladder with only a small deposit.