Question to the HM Treasury:

To ask Her Majesty's Government whether they intend to review the extent to which profits and director bonuses at house builders Persimmon and Berkeley benefited from the Help to Buy equity loan scheme in 2015; and whether they have considered introducing a windfall profits tax on those benefits.

The government has announced that the Help to Buy equity loan scheme will continue until March 2021 with an additional £10 billion of funding available. Help to Buy equity loan is intended to help people who otherwise would not be able to afford a deposit to buy a home. It is restricted to new-build properties to ensure that it also helps to drive up the number of homes being built. The programme has played an important role in supporting home ownership and house building since 2013.