§ Mr. Nicholas WintertonTo ask the Prime Minister if it remains the policy of Her Majesty's Government to promote home ownership; and if he will make a statement.
§ The Prime Minister[holding answer 20 January 1995]: Yes. Owner-occupation in the United Kingdom has risen from just over 54 per cent. in 1979 to over 66 per cent. now. Home ownership is more affordable than for many years. Surveys show that owner-occupation is the preferred housing choice of about 80 per cent. of people. The Government remain fully committed to promoting the continued growth of sustainable home ownership, both by prudent management of the economy and through specific policies to help people become home owners.