Question to the Ministry of Housing, Communities and Local Government:

To ask His Majesty's Government what steps they are taking, if any, to promote stability in the property market.

The government’s Plan for Change includes our commitment to deliver 1.5 million new homes in England in this Parliament. This sends a clear signal to the market of the scale of our ambition in boosting housing supply.

We are supporting a healthy and sustainable market through bold planning reforms, a significant package of investment including £39 billion for the Social and Affordable Homes Programme confirmed at the Spending Review, and supporting first-time buyers in purchasing their own home through a new permanent Mortgage Guarantee Scheme.