First Time Buyers

(asked on 1st September 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they have taken to develop a new incentive for first time buyers to save for their first home.


Answered by
Lord Pitt-Watson Portrait
Lord Pitt-Watson
Parliamentary Secretary (HM Treasury)
This question was answered on 15th September 2026

At Autumn Budget 2025, the Government announced its intention to introduce a new First Time Buyer ISA(FTB ISA) to support people saving for their first home. On 23 June the Government published a consultation on the implementation of the FTB ISA, seeking views from industry and other stakeholders on its design and delivery. The consultation closed on 18 August 2026 and the Government is carefully considering the responses received.

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