Help to Buy Scheme

(asked on 5th September 2017) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Communities and Local Government, how many people have purchased a property through a Help to Buy scheme in (a) North Swindon constituency, (b) Swindon local authority and (c) the UK since the inception of that scheme.


Answered by
Lord Sharma Portrait
Lord Sharma
This question was answered on 13th September 2017

Help to Buy: Equity Loan, for which this Department is responsible, began in April 2013. Since then, (a) 517 households have purchased a property through the scheme in North Swindon constituency, (b) 1,023 in Swindon local authority and (c) 120,864 in England.

Other people will have been helped into home ownership through shared ownership schemes from housing associations.

HM Treasury is responsible for Help to Buy: ISA and Help to Buy: mortgage guarantee, which closed to new loans on 31 December 2016. Help to Buy: ISA is available across the UK, as was Help to Buy: mortgage guarantee.

The Scottish and Welsh Governments respectively are responsible for Help to Buy (Scotland) and Help to Buy (Wales). Northern Ireland also operates some Government home ownership schemes, but they are not Help to Buy schemes.

Reticulating Splines