Help to Buy Scheme

(asked on 18th June 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how many applications for the Help to Buy scheme have been received in respect of Cornwall and the Isles of Scilly from applicants who (a) reside in Cornwall and the Isle of Scilly and (b) do not reside in either place.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 23rd June 2014

The Government publishes quarterly official statistics relating to the Help to Buy: mortgage guarantee scheme. The first of these were published on 29 May 2014.

This report, along with accompanying tables, can be found at: www.gov.uk/government/publications/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2014

The Government has also recently published statistics on the completions supported by the Help to Buy: equity loan scheme. Full statistics covering the period April 2013 to March 2014 have been published as well as the number of completions, by local authority, to April 2014:

www.gov.uk/government/publications/help-to-buy-equity-loan-scheme-and-help-to-buy-newbuy-statistics-april-2013-to-march-2014

www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics

Under both the Help to Buy: mortgage guarantee and the Help to Buy: equity loan schemes borrowers need to declare that the property will be their sole residence.

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