First Time Buyers: Greater London

Summary

To ask the Chancellor of the Exchequer, pursuant to the answer of 17 November to Question 87901 on Individual Savings Accounts, what assessment she has made of (a) the impact of the property price cap on the number of first-time buyers purchasing homes, (

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Timeline

1. 18 November 2025

   Written question

   To ask the Chancellor of the Exchequer, pursuant to the answer of 17 November to Question 87901 on Individual Savings Accounts, what assessment she has made of (a) the impact of the property price cap on the number of first-time buyers purchasing homes, (

   Source: Commons

2. 24 November 2025

   Answer

   Data from the latest UK House Price Index demonstrates that the average price paid by first-time buyers is below the LISA property price cap in all regions of the UK. This includes London, where the average price paid by first-time buyers in November 2023...

   Source: Written answer

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• · Treasury · Answering body

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