Question to the Ministry of Housing, Communities and Local Government:
What plans he has to help first-time buyers to purchase their own homes.
This Government will reset our national homeownership offer – ensuring local people and key workers have the opportunity to build a life in their own community.
First Homes, our new homeownership programme, will discount homes by at least 30 per cent for key workers, local people, and first-time buyers – including those who have done so much to respond to the Covid-19 outbreak. We recently closed our consultation on First Homes and will publish our response soon.
At the same time our new £12 billion investment in affordable homes will create thousands of new homes for Shared Ownership.
And all of this adds to other Government-backed schemes, including Help to Buy, which have supported over 627,000 households into homeownership since 2010.