Help to Buy Scheme: Worcestershire

(asked on 13th October 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how many people in (a) Worcester and (b) Worcestershire have taken up a Help to Buy ISA.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 16th October 2015

The Help to Buy: ISA is an expansion to the existing Help to Buy scheme. The Help to Buy: ISA scheme will be launched on 1 December 2015.

The existing Help to Buy schemes are the Mortgage Guarantee scheme and Equity Loan scheme. Over 110,000 housing completions have taken place with the support of the Help to Buy scheme, as of June 2015.

The Help to Buy: mortgage guarantee scheme has been running since October 2013. Figures are available only for completions to June 2015. There have been 110 completions in Worcester as of June 2015. Data for Worcestershire is not reported. The latest data is available at: https://www.gov.uk/government/statistics/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-june-2015.

The Help to Buy: equity loan scheme has been running since April 2013. In Worcester, there have been 183 completions with the support of the Help to Buy: equity loan scheme, as of June 2015. Data for Worcestershire is not reported. Official statistics on completions for the Help to Buy: equity loan scheme, monthly, broken down by local authority for England, are available at: www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics

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