§ Mr. Murphyasked the Secretary of State for the Environment if he will now improve the first-time buyer scheme by introducing a £1 grant for every £2 saved towards a home deposit; and if he will make a statement.
§ Sir George YoungThe total cost of the proposed scheme in 1982 would be some £600 million. We doubt whether spending of this magnitude would be the most effective way of helping first-time buyers.