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Lord Young of Cookham (Con)

Speaking in the House of Lords on 22 June 2026

Debate

Home Ownership: First-time Buyers

Contribution

My Lords, I welcome the announcement on Friday. The Minister listed a number of schemes to help first-time buyers, but actually none of them has moved the dial, leaving many young people who are renting and want to be owner-occupiers paying more in rent than they would with a mortgage. Recently, the Prime Minister said: “For my family growing up, the roof over our heads was everything. But for so many families today, home ownership is a distant dream. My Government will make it a reality once again”. Would it not be a fitting part of his legacy if, within the next few weeks, he was able to make an announcement that brought those dreams closer?

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