Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, if her Department will make an assessment of trends in the relationship between home ownership levels among under-45s and historic tax support for mortgage holders.

The government has no plans to consult on new fiscal incentives to support younger people into home ownership. ​

The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of home ownership.

In addition to increasing the supply of homes of all tenures, the government will be launching a new mortgage guarantee scheme in July 2025. Further details can be found in the Written Ministerial Statement of 11 June (HCWS694).