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Help to Buy Scheme

Volume 587: debated on Monday 10 November 2014

The Government have already helped more than 54,000 families purchase a home in England with the support of Help to Buy since March 2012, helping people to achieve their ambition of owning their own home. In the Winchester local authority area, 65 families have already bought through Help to Buy.

Like many Members, I have spent years listening to young people say that they can afford mortgage payments but never the deposit to get on the housing ladder. Help to Buy nails that issue, and it is one of the most positive things this Government have done. Will the Minister comment on the starter homes plan and say whether those two programmes will work together to give more young people a chance to live the dream?

My hon. Friend has campaigned hard for people to aspire to own their own home, and the Government share that desire. The Conservatives have made clear that after the next election we want to deliver 100,000 extra starter homes at a 20% discount, giving more people the opportunity to get on the housing ladder for the first time.