PARLIAMENTARY WRITTEN QUESTION
(2 September 2025)

The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of homeownership. This government is determined to change that, ensuring that young families and hardworking renters can buy a home of their own.

Boosting the supply of homes of all tenures must be at the heart of any strategy to improve housing affordability which is why the government’s Plan for Change includes a hugely ambitious milestone of building 1.5 million safe and decent homes in England in this Parliament.

In addition, a number of initiatives are in place to support people into home ownership, including through the shared ownership scheme - which will continue to be delivered through the new Social and Affordable Homes Programme - and the Lifetime ISA. The government has also introduced a new, permanent Mortgage Guarantee Scheme, available to support and sustain availability of low deposit mortgage products for prospective buyers. First-time buyers in Cornwall may also benefit from home ownership initiatives offered at the local level.