Asked by: Andrew George (Liberal Democrat - St Ives)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many applications for the Help to Buy scheme have been for (a) shared equity, (b) shared ownership, (c) mutual housing and (d) self-build properties since the scheme was launched.
Answered by Andrea Leadsom - Parliamentary Under-Secretary (Department of Health and Social Care)
The Government does not collect data on the number of applications made under the Help to Buy: mortgage guarantee scheme.
The Government publishes quarterly official statistics relating to the Help to Buy: mortgage guarantee scheme. The first of these were published on 29 May 2014.
This report, along with accompanying tables, can be found at: www.gov.uk/government/publications/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2014
The Help to Buy: equity loan scheme is a shared equity scheme. At Budget 2014, the Government announced that it will seek to explore how it can make the Help to Buy: equity loan scheme available for custom build.
Statistics on the legal completions supported by the equity loan scheme are published monthly at: www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics
Asked by: Andrew George (Liberal Democrat - St Ives)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many applications for the Help to Buy scheme have been received in respect of Cornwall and the Isles of Scilly from applicants who (a) reside in Cornwall and the Isle of Scilly and (b) do not reside in either place.
Answered by Andrea Leadsom - Parliamentary Under-Secretary (Department of Health and Social Care)
The Government publishes quarterly official statistics relating to the Help to Buy: mortgage guarantee scheme. The first of these were published on 29 May 2014.
This report, along with accompanying tables, can be found at: www.gov.uk/government/publications/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2014
The Government has also recently published statistics on the completions supported by the Help to Buy: equity loan scheme. Full statistics covering the period April 2013 to March 2014 have been published as well as the number of completions, by local authority, to April 2014:
www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics
Under both the Help to Buy: mortgage guarantee and the Help to Buy: equity loan schemes borrowers need to declare that the property will be their sole residence.