Lord Bourne of Aberystwyth – 2014 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Lord Bourne of Aberystwyth on 2014-04-09.

To ask Her Majesty’s Government what they are doing to help young people buy their own homes.

Baroness Stowell of Beeston

This Government is committed to supporting people’s aspirations to own their own home. That is why we have introduced schemes such as Help to Buy Equity Loan and Mortgage Guarantee, and reinvigorated Right to Buy. Since the spring of 2010, these, together with our affordable housing schemes have helped or are helping nearly 112,000 people to buy a home of their own. Since April 2010, 420,000 homes have been built, with new housing construction output now at its highest level since 2007.