United Kingdom · Question · Written question
UIN 41218
First Time Buyers: Greater London
Introduced
18 August 2021
Last action
6 September 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
6 September 2021
Summary
To ask the Chancellor of the Exchequer, what steps his Department is taking to support first-time buyers in Central London who cannot receive help through the Help to Buy ISA scheme due to high average house prices regularly exceeding £450,000.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
18 August 2021
Written question
To ask the Chancellor of the Exchequer, what steps his Department is taking to support first-time buyers in Central London who cannot receive help through the Help to Buy ISA scheme due to high average house prices regularly exceeding £450,000.
Source: Commons
6 September 2021
Answer
The Help to Buy: ISA scheme aims to help those that are struggling to save enough to get onto the housing ladder. The property price cap of £250,000 for those properties outside London or £450,000 within London, therefore allows the Government to target s...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-08-18/41218
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1350860
- uk · wq-1350860 · source updated 6 September 2021