B

Baroness Taylor of Stevenage (Lab)

Speaking in the House of Lords on 23 April 2026

Debate

Home Ownership: First-Time Buyers

Contribution

I hope I set out in my earlier answer the importance we place on the mix of tenures. The £39 billion programme to increase the provision of social and affordable homes is designed to do exactly that. We are taking measures, particularly confidence measures for consumers, to help some of our young people to understand this. Probably two generations now have been told that house buying is out of reach, so, when I work with the financial institutions, which we have been talking to very closely, we are keen that they promote better some of the mortgage options that are available.

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