Written Question·Treasury·UIN 86149
First Time Buyers: Personal Savings
Tabled: 28 October 2025
Answered: 5 November 2025
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Chancellor of the Exchequer, what estimate she has made of the average time it takes a first-time buyer to save for a deposit.
Answer
Lucy RigbyThe UK benefits from a competitive mortgage market that offers various low deposit products; prospective buyers are encouraged to shop around and speak to a mortgage broker to find the best possible product for their circumstances. The government is commi...
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