First Time Buyers: Greater London
Commons · Question 92068 · Tabled 18 Nov 2025 · Treasury · Official record
Answered 24 Nov 2025
Question
Asked by Louie French
To ask the Chancellor of the Exchequer, pursuant to the answer of 17 November to Question 87901 on Individual Savings Accounts, what assessment she has made of (a) the impact of the property price cap on the number of first-time buyers purchasing homes, (
Answer
Answered by Lucy Rigby, 24 Nov 2025
Data from the latest UK House Price Index demonstrates that the average price paid by first-time buyers is below the LISA property price cap in all regions of the UK. This includes London, where the average price paid by first-time buyers in November 2023...