Covid-19: Housing Debate
Full Debate: Read Full DebateDepartment: Department for Levelling Up, Housing & Communities
Lord Sheikh
Main Page: Lord Sheikh (Conservative - Life peer)Department Debates - View all Lord Sheikh's debates with the Department for Levelling Up, Housing & Communities
(3 years, 11 months ago)
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Lord Greenhalgh
I will need to write to the right reverend Prelate as I do not have the answer to hand. I shall place a copy of my letter in the Library.
Lord Sheikh (Con)
My Lords, in its current form, the Help to Buy scheme will expire in 2021. It is due to be replaced by a new scheme, which will run from 2021 to 2023 and will contain certain restrictions. If the original scheme comes to an end as planned, qualifying sales will need to be agreed by December 2020. In view of the pandemic, we should perhaps consider extending the current scheme. Can my noble friend the Minister say whether this could be considered?
Lord Greenhalgh
I thank my noble friend for his question. We are looking at providing guidance so that the scheme could be extended.