Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to The Help to Buy: Equity Loan Funding Administration Agreement, what estimate he has made of the number of Help to Buy Eligible Dwellings that will have reservations cancelled as a result of failing to reach Practical Completion by 31 January 2023.
We have extended the Help to Buy deadline to make sure people do not lose out because of delays to developers completing their homes. Housebuilders must ensure they finish building work on all properties by 31 January.
Information on how many housebuilders may fail to meet the 31 January 2023 deadline or will need to have their reservations cancelled is not held centrally.