Colleen Fletcher: To ask the Secretary of State for Housing, Communities and Local Government, what estimate his Department has made of the number of completed house sales involving first-time buyers during each month of the covid-19 outbreak; and what assessment he has made of the effect of the covid-19 outbreak on the level of home ownership among first-time buyers.
Christopher
Pincher: COVID-19 has had an unprecedented impact on the economy and there
was a 43 per cent fall in first-time buyers claiming stamp duty relief in the 3
months to June 2020, broadly in line with a 45 per cent fall in residential
transactions overall. We know many first-time buyers had their plans disrupted
and that is why the housing market was one of the first sectors to reopen. We
have provided a comprehensive economic package for people across the country
and are keeping the impact of COVID-19 on first-time buyers under review.
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