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Written question asked by Gregory Stafford (Conservative) on Tuesday, 10 June 2025, in the House of Commons. It was due for an answer on Thursday, 12 June 2025. It was answered by Matthew Pennycook (Labour) on Thursday, 19 June 2025 on behalf of the Ministry of Housing, Communities and Local Government.


Owner Occupation: Taxation

Question

To ask the Secretary of State for Housing, Communities and Local Government, if her Department will make an assessment of trends in the relationship between home ownership levels among under-45s and historic tax support for mortgage holders.

Answer

The government has no plans to consult on new fiscal incentives to support younger people into home ownership.

The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of home ownership.

In addition to increasing the supply of homes of all tenures, the government will be launching a new mortgage guarantee scheme in July 2025. Further details can be found in the Written Ministerial Statement of 11 June (HCWS694).


Secondary information

Type
Written question
Reference
58871
Session
2024-26
Related items
HM Treasury: Contingent Liability
Wednesday, 11 June 2025
Written statements
House of Commons
Grouped for answer
Yes
Subjects
Mortgages Owner occupation Taxation
Link
View this Written question on www.parliament.uk