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, if he will estimate the amount of accumulated interest and other costs due to the Government included within the £4,090,595,000 figure given in that Answer.
The amount of accumulated interest and other costs due to the government included within the £4,090,595,000 figure is £nil, as interest and fees are paid as they fall due.
Further information on interest and fees is set out in the Help to Buy Equity Loan Buyers Guide at https://www.helptobuy.gov.uk/wp-content/uploads/Help-to-Buy-Buyers-Guide-Feb-160216.pdf