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<p>The Government is committed to boosting home ownership and supporting first-time
buyers and will do so by looking at all of the factors that influence ownership levels,
including housing supply and the availability of low deposit mortgages. Since 2010,
over 774,000 households have already been helped to purchase a home through Government-backed
schemes including Help to Buy and Right to Buy.</p><p>On 9 June the Prime Minister
announced new measures to help first time buyers into home ownership, including looking
into reforming of the mortgage market to boost access to finance for first time buyers;
and working to extend the Right to Buy to Housing Association tenants. We are also
committed to completing our reforms to the leasehold system which will mean that homeowners
should have far greater control over their homes and their lives.</p><p>We are increasing
supply in tandem, working closely with communities to build more of the right homes
in the right places all across England. The Government is also committed to delivering
1 million new homes by the end of this Parliament and continue working towards its
ambition of delivering 300,000 new homes per year to create a more sustainable and
affordable housing market.</p><p>We are also investing £11.5 billion in the 2021-26
Affordable Homes Programme which will build up to 180,000 affordable homes, should
economic conditions allow.</p>
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