Written question asked by Andrew Rosindell (Conservative) on Friday, 30 June 2023, in the House of Commons. It was due for an answer on Tuesday, 4 July 2023. It was answered by Andrew Griffith (Conservative) on Wednesday, 5 July 2023 on behalf of the Treasury.
Help to Buy Scheme and Individual Savings Accounts
- Question
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To ask the Chancellor of the Exchequer, whether he plans to take steps to review the (a) Lifetime ISA and (b) help-to-buy property price thresholds.
- Answer
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The Government is committed to supporting people of all incomes and at all stages of life to save, and to making the aspiration of home ownership a reality for as many households as possible.
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 except for Inner London, where the average price paid is affected by Boroughs with very high property values.
The Government keeps all aspects of the savings tax regime under review.
Secondary information
- Type
- Written question
- Reference
- 191895
- Session
- 2022-23
- Subjects
- Individual savings accounts Prices Help to buy scheme
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2023-07-05 14:44:20 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/191895
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/191895
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/191895