PARLIAMENTARY WRITTEN QUESTION
Owner Occupation (13 January 2020)
Question Asked
To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment he has made of trends in the level of home ownership.
Asked by:
Mr Tanmanjeet Singh Dhesi (Labour)
Asked by:
Mr Tanmanjeet Singh Dhesi (Labour)
Answer
Government-backed schemes have helped nearly 600,000 households to purchase a home since 2010. In 2018 the number of first-time buyers reached 357,090, an eleven-year annual high and an increase of 84 per cent since 2010. For the first time in over a decade, the proportion of 35-44 year olds in owner-occupation has increased. In the Queen’s Speech of December 2019, the Government committed to take steps to support home ownership, including by making homes available at a discount for local first-time buyers.
Answered by:
Esther McVey (Conservative)
16 January 2020
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