Housing The Nation

Investing £44 billion to deliver an average of 300,000 new homes a year. We’re investing £44 billion to reach an average 300,000 new homes per year and, at the Autumn Budget 2017, we announced a comprehensive package which will raise housing supply by the end of this Parliament to its highest level since 1970s. SOURCE: Autumn Budget, 22 November 2017

Helped over 130,000 households with their deposits with Help-to-Buy. We are helping people to achieve the dream of home ownership and more than 130,000 completions have now taken place through the Help to Buy Equity Loan scheme. The scheme offers buyers up to 20 per cent in an equity loan so they only need to provide a 5 per cent deposit. SOURCE: DCLG, 2 October 2017

Abolished Stamp Duty for over 80 per cent of first time buyers. At the Autumn Budget, we abolished Stamp Duty for properties below £300,000 for first-time buyers to help young people buy their first home. This means 80 per cent of first-time buyers will pay no Stamp Duty at all and 95 per cent of first time buyers are saving money due to the change. SOURCE: Autumn Budget, 22 November 2017

We have published a draft bill to ban letting fees to make renting fairer and easier for tenants. This will enable them to see what a given property will cost them at the advertised rent level without additional hidden costs. SOURCE: DCLG, 1 November 2017

Tackling homelessness by investing over £1 billion by 2020. We are spending more than £1 billion up to 2020 on the implementation of the most ambitious legislative reform in decades - the Homelessness Reduction Act 2017 - and establishing a homelessness and rough sleeping implementation taskforce. SOURCE: Hansard, Vol. 632 Col. 669, 4 December 2017