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

To ask the Secretary of State for Communities and Local Government, what plans his Department has to develop the Help to Buy scheme to ensure it supports people in (a) Bermondsey and Old Southwark constituency, (b) London and (c) the UK.

This Government is committed to supporting people’s aspirations to own their own home.

By 31 March 2015, almost 100,000 families have bought a home with the assistance of the Help to Buy schemes in the UK. This includes 27 families in the Bermondsey and Old Southwark constituency and 5,819 families in London.

At Budget 2014, the Chancellor announced that the Help to Buy Equity Loan scheme would be extended to 2020 providing a further £6 billion to support 120,000 more people into home ownership.

Official statistics on Help to Buy: Equity Loan scheme sales, at 31 March in England, broken down by constituency, local authority and postcode, are available at: www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics

Official statistics on Help to Buy: Mortgage Guarantee sales, at 31 March, broken down by constituency, local authority and postcode are available at: https://www.gov.uk/government/statistics/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2015

Official statistics on Help to Buy: New Buy sales, at 31 March, broken down by local authority are available at: https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics. Figures are not available by constituency.