Home ownership in Wokingham

I was pleased to read this week that the government’s Help to Buy scheme has now helped 100,000 people to buy a home. 80% of those were first time buyers. In the Wokingham constituency 50 have used the mortgage guarantee, and 194 have taken out an equity loan, meaning 244 people now own a home with help from the scheme.

I am currently pressing West Berkshire and Wokingham Councils to work with developers on the new government initiative to provide more affordable homes for purchase, with a discount for first time buyers under the age of 40. I look forward to seeing the first purchases under that scheme, to add to the Help to Buy successes.

Home ownership for the many is our goal.

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  • About John Redwood

    John Redwood won a free place at Kent College, Canterbury, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of a quoted industrial PLC, and chaired a manufacturing company with factories in Birmingham, Chicago, India and China. He is the MP for Wokingham, first elected in 1987.

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