Your voice, your vote: Helping a first-time buyer in Wootton

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Kelsey Wheatley, 25, says although she has saved a deposit she cannot afford a mortgage.

Kelsey Wheatley lives with her parents and wants to move to her own home, but says she cannot afford it with the current house prices.

This situation has arisen because of a failure to build enough new homes over many years. Our housing policy deals with this underlying issue by increasing housebuilding to 380,000 homes across the UK through a raft of many different measures and including 150,000 social homes within this figure. But specific support for challenges such as that faced by the constituent you refer to needs to go along with a dramatic increase in housing supply and a reduction in migration.

We would also cut residential stamp duty to 0% below £750,000 potentially saving her costs on purchasing a property.I'm committed to helping first-time buyers and increasing affordable housing in Northampton.Labour will introduce a comprehensive mortgage guarantee scheme to help those with smaller deposits access lower-cost mortgages.

Landlords should be forced to sell or let their properties within the year or have them taken into public control to be renovated and used for council housing.

 

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