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

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 29 June 2018 to Question 154737 on Help to Buy Scheme, how much the £188,874,391 represents as (a) a proportion and (b) in cash terms of the total amount of money loaned in relation to those 3905 equity loans which have been redeemed.

From the start of the Help to Buy Equity Loan scheme in April 2013 to the end of December 2017, 3,905 equity loans taken out on leasehold properties have been redeemed to a total value of £188,874,391. This represents 27 per cent of the 14,315 equity loans in total that have been fully redeemed and 26 per cent of their total cash receipts from the redemption of those loans, for that same period.