Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment he has made of trends in the level of home ownership.
Government-backed schemes have helped nearly 600,000 households to purchase a home since 2010. In 2018 the number of first-time buyers reached 357,090, an eleven-year annual high and an increase of 84 per cent since 2010. For the first time in over a decade, the proportion of 35-44 year olds in owner-occupation has increased. In the Queen’s Speech of December 2019, the Government committed to take steps to support home ownership, including by making homes available at a discount for local first-time buyers.