Proceeding contribution from Geoffrey Clifton-Brown (Conservative) in the House of Commons on Wednesday, 25 May 2005. It occurred during Queen's speech debate on The Economy and Welfare Reform.
The Economy and Welfare Reform
In fact, I am going to urge the Chancellor to go further in his shared ownership scheme. To enable more people to buy their house, will he discuss with the financial institutions the possibility of amending the rules to make equity release for older people easier, so that they can both be more comfortable in their old age and consider giving money to their children, so that they, in turn, can buy at least part of the equity in their new house?
Secondary information
- Type
- Proceeding contribution
- Reference
- 434 c720
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Economic situation Taxation
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2024-01-26 17:05:35 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_249702
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