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795648

registered interest
date	28/11/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Universal Credit
house id	1
legislature	25259 pref label House of Commons
question text	What discussions he has had with Secretary of State for Work and Pensions on the potential effect of the roll-out of universal credit on levels of household income?
tabling member constituency	Peterborough
tabling member printed	Fiona Onasanya
uin	902584
answer	answer is ministerial correction date of answer 28/11/2017 answer text <p>I refer the hon member to my oral answer of earlier today to the hon member for Midlothian (Danielle Rowley).</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 28/11/2017 14:35:39 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4629 label Biography information for Fiona Onasanya

636987

registered interest
date	15/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Mortgages: Affordable Housing
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he is taking to encourage mortgage providers to develop financial products which support shared equity affordable housing; and if he will make a statement.
tabling member constituency	Peterborough
tabling member printed	Mr Stewart Jackson
uin	53048
answer	answer is ministerial correction date of answer 18/11/2016 answer text <p>The Government is committed to addressing the affordability of housing and making the aspiration of home ownership a reality for as many households as possible.</p><p> </p><p>Alongside this the Government is committed to increasing competition in banking and creating an environment in which firms compete to offer a range of products that suit the varying needs of their customers.</p><p> </p><p>Government also runs the Help to Buy: Equity loan through which Government lends up to 20% (40% in London) of the cost of a newly built home with buyers only needing a 5% cash deposit and a 75% mortgage to make up the rest. The loan is repaid when the property is sold, or after 25 years (whichever is sooner), with the amount repayable calculated as 20% of the value of the property at the point the loan is repaid (or 40% in London). There is also an annual fee payable on the loan after 5 years.</p><p> </p><p>Since Help to Buy: equity loan launched it has helped over 90,000 households buy a home, supporting first-time buyers in all parts of the country with 81% of purchases made through the scheme made by first time buyers.</p><p> </p><p>In October 2016 the Council of Mortgage Lenders (CML) released a report which highlighted that 15-20 firms are currently lending on shared ownership.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 18/11/2016 15:00:11 answering member 1529 label Biography information for Mr David Gauke
tabling member	1551 label Biography information for Lord Jackson of Peterborough

432179

registered interest
date	25/11/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	First Time Buyers
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many people have received funding from government schemes to assist first-time home buyers in (a) Peterborough and (b) England in each year since 2010; and if he will make a statement.
tabling member constituency	Peterborough
tabling member printed	Mr Stewart Jackson
uin	17577
answer	answer is ministerial correction date of answer 30/11/2015 answer text <p>The Government does not hold annual figures for the number of first time buyers who have received funding since 2010. However since the launch of The Help to Buy: Equity loan in April 2013, funding has been made available to support 46,133 first time buyers in England, of whom 601 were in Peterborough. Funding has also has been made available to support 19,971 first time buyers in England, of which 154 were in Peterborough, through the Firstbuy and Homebuy Direct schemes.</p><br /><p>To support more first time buyers, the Government announced at the Spending Review plans to extend the Help to Buy: Equity Loan scheme until 2021, launch London Help to Buy and build 200,000 starter homes, to be sold at a 20% discount to young first time buyers. The Government is also launching Help to Buy: ISA, giving savers a bonus to help them purchase their first property.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 30/11/2015 15:32:01 answering member 1526 label Biography information for Greg Hands
tabling member	1551 label Biography information for Lord Jackson of Peterborough

424218

registered interest
date	27/10/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Working Tax Credit: EU Nationals
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 26 October 2015 to Question 12792, for what reason the nationality of EU citizens in receipt of working tax credits is not recorded; and if he will make a statement.
tabling member constituency	Peterborough
tabling member printed	Mr Stewart Jackson
uin	13721
answer	answer is ministerial correction date of answer 04/11/2015 answer text <p>Nationality is not a condition of entitlement to tax credits. The information requested is, therefore, not available.</p> answering member constituency East Hampshire answering member printed Damian Hinds question first answered 04/11/2015 12:52:48 answering member 3969 label Biography information for Damian Hinds
tabling member	1551 label Biography information for Lord Jackson of Peterborough

422855

registered interest
date	21/10/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Working Tax Credit: Peterborough
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many and what proportion of recipients of working tax credits in Peterborough constituency are citizens of non-UK EU member states; and if he will make a statement.
tabling member constituency	Peterborough
tabling member printed	Mr Stewart Jackson
uin	12792
answer	answer is ministerial correction date of answer 26/10/2015 answer text <p>The information requested is not available. The Summer Budget offered a new deal for working people. It means Britain moving from a high welfare, high tax, low wage economy to a lower welfare, lower tax, higher wage society.</p><br /><p>A new National Living Wage for workers aged 25 and above, initially set at £7.20 per hour from April 2016, will directly benefit 2.7 million low wage workers, and up to 6 million could see a pay rise as a result of a ripple effect up the earnings distribution. The new National Living Wage will boost pay for those currently earning the National Minimum Wage by £4,800 a year by 2020 when the National Living Wage is expected to rise to over £9 per hour.</p><br /><p>To help working families keep more of what they earn, the personal allowance will increase to £11,000 in 2016-17 and £11,200 in 2017-18. The government has committed to increase the personal allowance to £12,500 by 2020 which will mean that a typical basic rate taxpayer will see their income tax cut by £1,205 a year compared to 2010.</p><br /><p>An illustrative renting family with two children, where one parent works full-time on the minimum wage, will be over £2,400 better off in cash terms by 2020.</p><br /><p>The government set out its assessment of the impacts of the Summer Budget policies in the Welfare Reform and Work Bill on 20<sup>th</sup> July 2015. Taken together, the introduction of the National Living Wage, increases in the personal allowance and welfare changes mean that 8 out of 10 working households will be better off as a result of the Summer Budget.</p><br /><p>In response to a request from the Secondary Legislation Scrutiny Committee, the government has chosen to produce and release an impact assessment on the tax credit changes to the Committee. The impact assessment shows that 60% of the tax credit savings come from the half of tax credit claimants with the highest income.</p> answering member constituency East Hampshire answering member printed Damian Hinds question first answered 26/10/2015 17:47:26 answering member 3969 label Biography information for Damian Hinds
tabling member	1551 label Biography information for Lord Jackson of Peterborough