Skip to main content

Owner Occupation and Personal Savings

Question for HM Treasury

UIN 904555, tabled on 13 April 2016

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

Answered on

19 April 2016

400,000 people have already opened a Help to Buy: ISA to buy their first home. At Budget 2016 the Chancellor also announced a Lifetime ISA which can be used by people under 40 to save for their first home and retirement.

Answered by

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.