§ John BarrettTo ask the Chancellor of the Exchequer what plans he has to introduce additional fiscal measures to help first time buyers purchase their homes; and if he will make a statement. [169903]
§ Ruth KellyThe Government keep all taxes under review and announcements of fiscal measures are a matter for the pre-Budget report and Budget.
The Government are committed to addressing the instability and major problems of housing affordability that has characterised the housing market over past decades. The Government have announced they intend to implement a programme of change to the planning system and to the delivery of development so as to improve affordability and lock in macroeconomic stability, as recommended in the Barker Review of Housing Supply, a copy of which can be found in the Library of the House.