Boris Johnson speech on cost of living crisis

The video discusses government efforts to support homeownership, including mortgage schemes for tenants and self-employed individuals. It announces a review of the mortgage market to improve access to low deposit mortgages. The history of council home ownership is explored, highlighting the benefits and challenges. Finally, the video outlines plans to extend the right to buy to housing associations, aiming to increase homeownership opportunities.

What is the government's initiative to help first-time buyers with low deposit mortgages?

• Tax rebates

• Interest-free loans

• Rent-to-own programs

• Mortgage guarantee scheme

What is the purpose of the comprehensive review of the mortgage market?

• To increase interest rates

• To improve access to low deposit mortgages

• To reduce the number of mortgages

• To eliminate mortgage insurance

Why is the government reviewing international mortgage practices?

• To learn alternative ways of offering finance

• To increase taxes on foreign investments

• To promote international real estate sales

• To restrict foreign ownership

What has been the trend in the use of the right to buy for council home tenants?

• It has remained constant

• It has been fluctuating

• It has been diminishing steadily

• It has been increasing steadily

What is the government's plan regarding the right to buy for housing associations?

• To abolish it

• To extend it

• To increase the discount

• To limit it to certain areas