1 Biography information for Lord Taylor of Warwick Lord Taylor of Warwick HL3133 Treasury Housing: Sales Treasury 14 2024-03-12T15:20:09.71Z Baroness Vere of Norbiton false 2024-03-12 Biography information for Baroness Vere of Norbiton <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> 2024-03-07 Treasury false House of Lords 2 To ask His Majesty's Government what steps they are taking to support prospective homebuyers amidst recent increases in house prices. 211 202503 2023-10-13 Biography information for Charlotte Nichols 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. Housing: Sales House of Commons Charlotte Nichols Department for Levelling Up, Housing and Communities Levelling Up, Housing and Communities 2023-10-24T10:53:23.357Z Redditch Rachel Maclean false 2023-10-24 Biography information for Rachel Maclean <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> Warrington North false Levelling Up, Housing and Communities 1 2023-05-22T16:07:46.517Z Redditch Rachel Maclean false 2023-05-22 <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> Leeds North West 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. false 2023-05-12 Alex Sobel 184840 Housing: Sales Levelling Up, Housing and Communities Department for Levelling Up, Housing and Communities 211 Biography information for Alex Sobel 1 Levelling Up, Housing and Communities 181533 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. Thangam Debbonaire Department for Levelling Up, Housing and Communities Biography information for Thangam Debbonaire 211 Bristol West 2023-04-24T14:58:01.997Z Redditch Rachel Maclean false 2023-04-24 <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> 1 Housing: Sales Levelling Up, Housing and Communities 2023-04-19 Levelling Up, Housing and Communities false 176709 Department for Levelling Up, Housing and Communities 1 Levelling Up, Housing and Communities 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. false Housing: Sales Biography information for Damien Moore Damien Moore 211 Southport 2023-03-29 2023-04-21T11:07:13.923Z Redditch Rachel Maclean false 2023-04-21 <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> Levelling Up, Housing and Communities Biography information for Jim Shannon 211 2023-01-18 Strangford 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. Department for Levelling Up, Housing and Communities Levelling Up, Housing and Communities 1 2023-01-24T17:54:05.423Z South East Cambridgeshire Lucy Frazer false 2023-01-24 Biography information for Lucy Frazer <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> Levelling Up, Housing and Communities 126647 Jim Shannon false Housing: Sales 1 Liam Byrne 65632 Biography information for Dean Russell Watford Dean Russell 2022-10-26T16:22:53.297Z true Question 65632 - HMLR statistics - residential and new build residential 2019 - 2022 .xlsx HMLR stats - res/new build res 2019-22 Dean Russell 2022-10-26 <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> 2022-10-27T14:19:01.533Z Watford 201 Business, Energy and Industrial Strategy Biography information for Liam Byrne 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. 2022-10-18 Birmingham, Hodge Hill Department for Business, Energy and Industrial Strategy Business, Energy and Industrial Strategy Housing: Sales false 2022-10-12 62036 Lloyd Russell-Moyle Biography information for Lloyd Russell-Moyle Housing: Sales To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the potential merits of introducing a scheme to help private tenants buy their current home similar to the Help to Buy scheme. false Brighton, Kemptown 1 Levelling Up, Housing and Communities 211 Department for Levelling Up, Housing and Communities Levelling Up, Housing and Communities 2022-10-17T16:21:03.68Z North East Derbyshire Lee Rowley false 2022-10-17 Biography information for Lee Rowley <p>The Government is committed to helping people into home ownership, and helping first time buyers, including those currently renting, to get on the housing ladder. We operate a range of government schemes including Help to Buy, First Homes, Shared Ownership, Lifetime ISA and mortgage guarantee scheme; and we continually keep options to support first-time buyers under consideration.</p> Levelling Up, Housing and Communities 1 Charlotte Nichols Warrington North 1359 Housing: Sales 2022-05-19T14:47:41.107Z Pudsey Stuart Andrew false 2022-05-19 Biography information for Stuart Andrew <p>As set out in our Levelling Up White Paper, this Government is committed to giving everyone the opportunity to flourish. We will ensure home ownership is within the reach of many more people.</p><p>The Government is committed to increase first-time buyer numbers in all regions, 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. <br> <br>We will also explore further options to limit the competition first-time buyers face. This means looking at all of the options available to government to limit the factors which are pricing out local people, seeking to learn from international comparators.</p><p>This Government runs a range of schemes to help people into home ownership such as First Homes, mortgage guarantee scheme, Help to Buy: Equity Loan, Shared Ownership and Lifetime ISA.</p> To ask the Secretary of State for Levelling Up, Housing and Communities, whether he plans to take steps to help buyers with modest deposits and a mortgage offer reasonably compete with investors and cash buyers that may offer significantly more than the asking price in bidding contests for residential properties. false Department for Levelling Up, Housing and Communities Levelling Up, Housing and Communities 2022-05-12 211 Biography information for Dr Matthew Offord Housing: Sales To ask the Secretary of State for Levelling Up, Housing and Communities, what effect the UK leaving the EU has had on the residential housing market. Levelling Up, Housing and Communities false Levelling Up, Housing and Communities 2022-01-14T14:38:35.89Z Tamworth Christopher Pincher false 2022-01-14 Biography information for Christopher Pincher <p>HMRC publishes monthly data on UK Residential Property transactions and their latest seasonally adjusted data is available up to August 2021.</p><p>This data shows that in the 19 months since the UK left the EU there have been 1,996,090 transactions and this compares with 1,871,840 transactions in the 19 month period prior to leaving the EU. <br> <br>The volume of property transactions is influenced by a large range of factors and differences should not be attributed to any single factor. For example, the figures for the period after leaving the EU will include the impact of Covid restrictions and temporary changes to Stamp Duty rates.</p> Dr Matthew Offord 98259 Department for Levelling Up, Housing and Communities 211 Hendon 2022-01-05 1 0 32 10