First Time Buyers

(asked on 15th July 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the success of steps taken to encourage and facilitate first time buyers and young people to get onto the property ladder.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 22nd July 2014

The Help to Buy scheme is helping hardworking people realise their home-owning aspirations across the UK. Over 27,000 households have bought a new home through Help to Buy so far, and 85 per cent of these have been first-time buyers. Between 2011/12 and 2013/14 11,000 first time buyers were helped through the FirstBuy scheme

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