Gove hints at plans for more state-backed support for first-time buyers

Michael Gove has suggested the Government could offer more state-backed support for first-time buyers, as part of efforts to further tip the scales against second homeowners and speculative buyers. The levelling up secretary said: “We've already helped over three quarters of a million people to buy their first home since 2010 through programmes including Help to Buy, Right to Buy, and shared ownership. And we will go further later this year.” Mr Gove cited examples of buyers he would seek to further discriminate against, including those seeking to convert family homes into holiday lets, and speculative buyers “who have been seeking to invest only to inflate property prices”.

The Daily Telegraph (24/07/2023)