Oral Answers to Questions

Debate between Christopher Pincher and Sheryll Murray

Tuesday 1st December 2015 Commons Chamber

[Christopher Pincher (Tamworth) (Con)]

7. What steps the Government are taking to support (a) people with savings and (b) home ownership.

[Mrs Sheryll Murray (South East Cornwall) (Con)]

8. What steps he is taking to help first-time home buyers.

[The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)]

This Government back saving and home ownership. That support is exemplified by the Help to Buy ISA that becomes available today. This new ISA provides direct Government support to anyone saving for the deposit on their first home. For every £200 they save in the ISA, the Government will help them with another £50. Add it up and the Government will give them up to £3,000 towards their first home—all part of a plan to help working people in this country.