Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, what the projected amount of (a) investments and (b) returns is for the Help to Buy Equity Loan scheme in each of the next 10 years.
The way the Help to Buy product and its repayment terms are structured means there is no fixed repayment schedule. The Department makes estimates to inform budgets within a Spending Review and to inform fiscal forecasts - these estimates are used for internal budget setting as to long term management of the programme.
The Help to Buy Budgets for the remainder of the Spending Review Period are:
| 2018/19 | 2019/20 | 2020/21 |
Help to Buy Expenditure | £4,149m | £4,598m | £4,978m |
Help to Buy Receipts (transferred to HMT) | £500m | £304.7m | Unavailable – Outside SR period. |