EmmaReynoldsMP, Labour’s Shadow Housing Minister, responding to updated Help to Buy figures, said:   “Any help for first time buyers struggling to get on the property ladder is to be welcomed. But rising demand for housing must be matched with rising supply if this scheme is to bring the cost of housing within the reach of low and middle-income earners.    "Instead, under this government house building fell to its lowest level in peacetime since the 1920s and home ownership continues to fall.   "You can’t deal with the cost-of-living crisis without building more homes. We need a Help to Build policy to boost housing supply and tackle the cost-of-living crisis, alongside a reformed Help to Buy scheme. That’s why Labour has committed to getting at least 200,000 homes built a year by 2020.”