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First Time Buyers: West Midlands

Volume 464: debated on Monday 15 October 2007

To ask the Secretary of State for Communities and Local Government how many first-time buyers there were in (a) the West Midlands, (b) Birmingham and (c) Birmingham, Northfield in the last year for which figures are available. (157713)

Data on numbers of first time buyers (FTBs) using a mortgage is available from the regulated mortgage survey which is supplied to Communities and Local Government by the Council of Mortgage Lenders. However, as the survey is a sample, data on the number of FTBs is unavailable.

To ask the Secretary of State for Communities and Local Government what the average price was for (a) a house and (b) a house bought by a first-time buyer in (i) the West Midlands, (ii) Birmingham and (iii) Birmingham, Northfield in the last year for which figures are available. (157714)

The mean property price for a property and the mix-adjusted mean price for a property bought by a first-time buyer in the West Midlands and Birmingham are as follows.

Mean property price 2006

£

All buyers

First time buyers

West Midlands Region

168,854

128,832

Birmingham

155,424

Sources: HM Land Registry, Regulated Mortgage Survey.

Data on house prices is available from HM Land Registry. Data is unavailable below district level.

I refer the hon. Member to the answer given today (PQ 157713).