Chris Green – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Chris Green on 2015-10-21.

To ask Mr Chancellor of the Exchequer, what steps the Government is taking to support (a) people with savings and (b) home ownership.

Harriett Baldwin

The Government is committed to helping people to own their own home and supporting savers of all incomes and at all stages of life. We have introduced the Personal Savings Allowance, which will take 95% of individuals out of tax on their savings, and created the Help to Buy scheme. This has already helped over 100,000 people purchase a home – 240 in Bolton West – and for those saving for their first home, we have introduced the Help to Buy ISA which will be available from December.