Right to Buy Scheme

(asked on 28th March 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, how many people have purchased a property through the Help to Buy scheme in (a) the Telford constituency, (b) Telford and Wrekin borough, (c) Shropshire, (d) the West Midlands and (e) the UK since the inception of that scheme.


Answered by
Dominic Raab Portrait
Dominic Raab
This question was answered on 19th April 2018

The following data refers to Help to Buy: Equity Loan which operates in England only.

The number of households who have purchased a home through Help to Buy: Equity Loan from April 2013 to September 2017:

(a) the Telford constituency 659

(b) Telford and Wrekin borough 1,383

(c) Shropshire 887

(d) the West Midlands 15,965

(e) the UK since the inception of that scheme. England 144,826

There are other Help to Buy schemes, both closed and currently open: the Scottish and Welsh governments currently run Help to Buy schemes with equity shares in Scotland and Wales.

Help to Buy: mortgage guarantee was available across the UK and open to new mortgage offers from October 2013 to December 2016.

Help to Buy: ISA opened in December 2015 and is open for new accounts until November 2019.

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