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

To ask the Secretary of State for Housing, Communities and Local Government, what the (a) cost to the public purse was of and (b) value of assets was in the Help to Buy scheme in each financial year since 2017-18.

The Help to Buy expenditure (equity loans made), redemptions (equity loans repaid) and value of the loan portfolio (loan book) are published each year in Homes England's Annual Report & Financial Statements and are summarised below for the financial years 2017-18 through to 2019-20 expressed in £000’s:

2017/18

Expenditure: £3,048,679 Valuation of assets: £8,314,304

Redemptions: (£492,394)

https://www.gov.uk/government/publications/homes-england-annual-report-and-financial-statements

2018/19

Expenditure: £3,530,582 Valuation of assets: £11,083,941

Redemptions: (£714,925)

https://www.gov.uk/government/publications/homes-england-annual-report-financial-statements-201819

2019/20

Expenditure: £3,592,940 Valuation of assets: £14,016,314

Redemptions: (£919,840)

https://www.gov.uk/government/publications/homes-england-annual-report-financial-statements-201920