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Housing: Sales

Volume 505: debated on Wednesday 3 February 2010

To ask the Secretary of State for Communities and Local Government how many and what proportion of first-time buyers purchased a home at a price of under £250,000 in 2009. (314978)

Data are only available for January to November 2009. In this period, the Council of Mortgage Lenders estimates that there were 171,300 loans to first time buyers in the UK. Of these, CLG estimate that 90 per cent. (154,000) were for properties purchased for £250,000 or less.