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>
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>
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\u202fcontinue working towards its ambition of delivering 300,000 new homes per year to create a more sustainable and affordable housing market.<\/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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4032", "label" : {"_value" : "Biography information for Stuart Andrew"} } , "answeringMemberConstituency" : {"_value" : "Pudsey"} , "answeringMemberPrinted" : {"_value" : "Stuart Andrew"} , "dateOfAnswer" : {"_value" : "2022-06-16", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "15375"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-06-16T15:14:48.043Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "211"} , "answeringDeptShortName" : {"_value" : "Levelling Up, Housing and Communities"} , "answeringDeptSortName" : {"_value" : "Levelling Up, Housing and Communities"} , "date" : {"_value" : "2022-06-09", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "First Time Buyers: Young People"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Levelling Up, Housing and Communities, what steps his Department is taking to help young people buy their first property.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4743", "label" : {"_value" : "Biography information for Lee Anderson"} } , "tablingMemberConstituency" : {"_value" : "Ashfield"} , "tablingMemberPrinted" : [{"_value" : "Lee Anderson"} ], "uin" : "15374"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }