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

To ask Her Majesty's Government whether they will require the price of houses purchased under the Help to Buy Scheme to be no higher than that charged for comparable properties built by the same developer.

Under the Help to Buy: Equity Loan scheme, the lender is responsible for the valuation of each home at the initial sale. The home cannot be sold at a price higher than this valuation. This ensures that homes are sold at market value.

The most recent independent evaluation of the scheme also found that Help to Buy prices have risen in line with the prices for other new build properties and are consistently below the average new build price.