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

To ask His Majesty's Government what assessment they have made of housing affordability for first-time buyers.

The ONS publishes monthly indicators on house prices in Great Britain, including the average price and average percentage change for first-time buyers (at Worksheet 4):
UK House Price Index: monthly price statistics - Office for National Statistics . In January 2025, (the most recent data from ONS) the average house price for a first-time buyer in Great Britain was £227,000, an annual percentage increase of 5.3%.

The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of homeownership. As well as committing to building 1.5 million safe and decent homes in England in this Parliament, we are introducing a permanent, comprehensive mortgage guarantee scheme to support first-time buyers who struggle to save for a large deposit, with lower mortgage costs.