Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, pursuant to the Answer of 18 October 2022 to Question 59850 on Mortgages, what the outcome was of his Department's monitoring on levels of home ownership.

Further to the answer of 18 October to Question UIN 59850, the department continues to monitor first-time buyer mortgage transactions and developments in the mortgage market. The Government also operates a range of schemes to support people into homeownership, including First Homes and Shared Ownership, as well as the Mortgage Guarantee Scheme, which has now been extended until the end of 2023. The Government also helps first-time buyers save for a deposit through the Lifetime ISA and Help to Buy: ISA.