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1694722

registered interest
date	07/03/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Housing: Sales
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what steps they are taking to support prospective homebuyers amidst recent increases in house prices.
tabling member printed	Lord Taylor of Warwick
uin	HL3133
answer	answer is ministerial correction date of answer 12/03/2024 answer text <p>The Government is committed to making the aspiration of homeownership a reality for as many households as possible and consequently operates a range of schemes that aim to increase the supply of low-deposit mortgages for credit-worthy households, including first-time buyers, increase the availability of new housing, and stimulate economic growth. These include the Mortgage Guarantee Scheme, which is open until the end of June 2025. We also help first-time buyers to save for a deposit through the Lifetime ISA and Help to Buy: ISA.</p><p>Over 876,000 households have been helped to purchase a home since spring 2010 through government-backed schemes.</p> answering member printed Baroness Vere of Norbiton question first answered 12/03/2024 15:20:09 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	1796 label Biography information for Lord Taylor of Warwick

1664650

registered interest
date	13/10/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Housing: Sales
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if he will bring forward legislative proposals to require buyers and sellers to be compensated when the other party withdraws from an agreement to purchase a residential property.
tabling member constituency	Warrington North
tabling member printed	Charlotte Nichols
uin	202503
answer	answer is ministerial correction date of answer 24/10/2023 answer text <p>If a buyer or seller pulls out of a transaction once contracts have been exchanged, they are often already legally obliged to pay compensation to the other party. The amount of compensation will depend upon the individual contract, but it is intended to go towards costs accrued in the transaction, such as legal costs and search fees. Home buyers and sellers are also able to voluntarily enter into reservation agreements in advance of exchange, which can provide protection when property transactions fall through.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 24/10/2023 10:53:23 answering member 4668 label Biography information for Rachel Maclean
tabling member	4799 label Biography information for Charlotte Nichols

1627296

registered interest
date	12/05/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Housing: Sales
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if his Department has made an assessment of the potential merits of introducing a blind bidding system for purchasing houses.
tabling member constituency	Leeds North West
tabling member printed	Alex Sobel
uin	184840
answer	answer is ministerial correction date of answer 22/05/2023 answer text <p>In last year's Levelling Up White Paper, we committed to improving the availability of upfront property information in a digital format. We will set out further steps in due course.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 22/05/2023 16:07:46 answering member 4668 label Biography information for Rachel Maclean
tabling member	4658 label Biography information for Alex Sobel

1612242

registered interest
date	19/04/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Housing: Sales
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make an assessment of the implications for his policies of the balance of risk between the buyer and seller of a house when entering a contract.
tabling member constituency	Bristol West
tabling member printed	Thangam Debbonaire
uin	181533
answer	answer is ministerial correction date of answer 24/04/2023 answer text <p>The Government is committed to reforming the home buying and selling process and has set its intent to work with industry to ensure the better availability of essential property information upfront, in a digital format. As a result, buyers will have all the critical information they need to know before making an offer on a property, which should lead to an increased level of commitment once an offer is accepted.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 24/04/2023 14:58:01 answering member 4668 label Biography information for Rachel Maclean
tabling member	4433 label Biography information for Thangam Debbonaire

1608514

registered interest
date	29/03/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Housing: Sales
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment his Department has made of the trends in the number of house sales in the housing market in the last six months; and what steps his Department is taking to help increase the number of property sales.
tabling member constituency	Southport
tabling member printed	Damien Moore
uin	176709
answer	answer is ministerial correction date of answer 21/04/2023 answer text <p>Information about property sales in the UK is published every month by HM Revenue and Customs and can be found <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fstatistics%2Fmonthly-property-transactions-completed-in-the-uk-with-value-40000-or-above&amp;data=05%7C01%7CParliamentary%40levellingup.gov.uk%7Caaf417b5acec4c6eb4a208db4188bb1b%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C638175827718842915%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=f6CX6s9we6tzUHFDZuAVoZsQ6k298%2BiXsEPKi0yvbe0%3D&amp;reserved=0" target="_blank">here</a>. We committed to improving the home buying and selling process in the Levelling Up White Paper, by working with industry to ensure that potential buyers have access to critical information in an accurate and timely digital format.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 21/04/2023 11:07:13 answering member 4668 label Biography information for Rachel Maclean
tabling member	4669 label Biography information for Damien Moore

1567948

registered interest
date	18/01/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Housing: Sales
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the potential impact of the reductions in the number of housing sales on the housing market.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	126647
answer	answer is ministerial correction date of answer 24/01/2023 answer text <p>The Office for Budget Responsibility produces forecasts on the housing market, which can be found <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fobr.uk%2Fefo%2Feconomic-and-fiscal-outlook-november-2022%2F&amp;data=05%7C01%7CParliamentary%40levellingup.gov.uk%7Cea8db0d3e6e74aac706008dafe33c355%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C638101795508900749%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=h441VrobYZOJuQgABhzokFBmThofEODscmfWT%2BEaz4w%3D&amp;reserved=0" target="_blank">here</a>.</p><p><br> <br></p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 24/01/2023 17:54:05 answering member 4517 label Biography information for Lucy Frazer
tabling member	4131 label Biography information for Jim Shannon

1523565

registered interest
date	18/10/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Housing: Sales
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many residential property sales were registered at HM Land Registry across (a) all properties and (b) new-build properties in each local authority in England and Wales in each of the last three years; and what proportion of those were to (i) UK companies, (ii) overseas companies, (iii) UK-based individuals and (iv) individuals based overseas.
tabling member constituency	Birmingham, Hodge Hill
tabling member printed	Liam Byrne
uin	65632
answer	answer is ministerial correction date of answer 26/10/2022 answer text <p>HM Land Registry Price Paid Data available at <a href="https://www.gov.uk/government/statistical-data-sets/price-paid-data-downloads" target="_blank">https://www.gov.uk/government/statistical-data-sets/price-paid-data-downloads</a> contains information on property sales, broken down by local authority. The last three years’ data is provided with this answer in a separate spreadsheet. In summary, the breakdown is as set out in the table below.</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Residential</p></td><td><p>Residential classified as new build</p></td></tr><tr><td><p>2022</p></td><td><p>337,540</p></td><td><p>3,198</p></td></tr><tr><td><p>2021</p></td><td><p>964,359</p></td><td><p>54,607</p></td></tr><tr><td><p>2020</p></td><td><p>729,743</p></td><td><p>85,167</p></td></tr><tr><td><p>2019</p></td><td><p>839,999</p></td><td><p>112,303</p></td></tr></tbody></table><p> </p><p>We will place a detailed breakdown between UK and overseas companies, and individuals providing UK and non-UK correspondence addresses as soon as possible in the Libraries of the House.</p> answering member constituency Watford answering member printed Dean Russell question first answered 26/10/2022 16:22:53 question first ministerially corrected 27/10/2022 14:19:01 answering member 4812 label Biography information for Dean Russell attachment 1 file name Question 65632 - HMLR statistics - residential and new build residential 2019 - 2022 .xlsx title HMLR stats - res/new build res 2019-22 previous answer version 27864 answering member constituency Watford answering member printed Dean Russell answering member 4812 label Biography information for Dean Russell
tabling member	1171 label Biography information for Liam Byrne