Housing Secretary Michael Gove has given the strongest hint yet that housing measures could be included in the Spring Budget.
Chancellor Jeremy Hunt is set to deliver his Spring Budget on 6 March, with Stamp Duty cuts on many housing wishlists, especially ahead of a General Election this year.
Gove hinted at measures for first-time buyers during an interview with The Sunday Times, where he suggested this cohort won’t feel like democracy and capitalism are working for them if they can’t get on the property ladder.
He said: “It’s simply harder for us to make that case if people who’ve got broadly small ‘c’ conservative values, or actually no particular political agenda at all, feel that they’re being shut out.”
The newspaper reports that ideas being weighed up include cuts to Stamp Duty or a 1% deposit mortgage scheme.
Gove told the newspaper that he would do “everything everywhere all at once.”
He added: “(The chancellor] knows what I am keen on and I won’t say any more than that.”