Rupa Huq – 2015 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Rupa Huq on 2015-11-09.

To ask the Secretary of State for Communities and Local Government, what estimate he has made of the projected average age of a first time buyer in 2020.

Brandon Lewis

My Department does not produce forecasts of the average age of first time buyers.

The number of first time buyers is the highest for 7 years.

We are committed to turning Generation Rent into Generation Buy which is why this Government is committed to extending opportunities for homeownership. Since 2010, over 230,000 people have been helped to buy a home using government-backed schemes. The voluntary deal with the housing association sector means that 1.3 million housing association tenants will be given the Right to Buy.