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

To ask the Secretary of State for Communities and Local Government, pursuant to the Answer of 13 October 2016 to Question 46626, on home ownership incentive schemes, what the value was of the equity loans included in the £4,090,595,000 figure given in that Answer.

The value of outstanding equity loans at 31 March 2016 is £4,090,595,000.

The original investment made by government in these outstanding equity loans was £3,949,289,000.

Further information is set out in the Homes and Communities Agency Annual Report and Financial Statements 2015-16 (Note 21) with further information about ‘fair value’ in Notes 1 and 31.