Written Questions are submitted by MPs or Lords to receive information from a Department.
|26 Apr 2018, 3:41 p.m.||Rent to Buy Scheme||Sir Gary Streeter|
To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to promote the Rent to Buy scheme as a route into home ownership; and if he will make a statement.
Answer (Mrs Heather Wheeler)
The Government is determined to extend the opportunity of home ownership to hard working families who aspire to home ownership but may be otherwise unable to afford it. We are investing over £9 billion in affordable homes, including Rent to Buy, through the Affordable Homes Programme 2016-21. The programme is flexible and sets no ringfences on particular forms of tenure, so providers can bid into the programme to develop a wide range of homes to meet the housing needs of a range of people in different circumstances and housing markets.