Commons Sense

House of Commons · Ministers' Questions

Housing Ladder

Monday 24 February 2020 · 1 question

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 0 Not answered 0

Key points

  • The First Homes initiative provides a 30% discount for local first-time buyers.
  • The initiative aims to both increase new home supply and change existing affordable housing tenure.
  • The Minister acknowledges that addressing housing challenges primarily involves boosting supply.

Topics (select to filter)

Questions & Answers

Q1 Anthony Browne Con South Cambridgeshire
Housing
Context

The issue of people getting on the property ladder is particularly pressing in South Cambridgeshire due to high property prices.

Question

What steps are being taken to help people get on the housing ladder? The First Homes initiative, which provides a 30% discount for local first-time buyers, is welcomed but will it boost new home supply or primarily change existing affordable housing tenure?

Answer from The Secretary of State for Housing, Communities and Local Government Robert Jenrick

We hope it will do both. It will increase the supply of new homes by building popular support for new developments, but I completely accept that the housing challenges we face as a country are primarily supply-side.

Answered
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