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United Kingdom · Question · Written question

UIN 11451

Help to Buy Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

3 February 2020

Last action

6 February 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

6 February 2020

Summary

To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the reasons why some people have redeemed their Help to Buy equity loans; and what estimate he has made of future redemption rates.

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Timeline

  1. 3 February 2020

    Written question

    To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the reasons why some people have redeemed their Help to Buy equity loans; and what estimate he has made of future redemption rates.

    Source: Commons

  2. 6 February 2020

    Answer

    Of the 221,362 Help to Buy equity loans issued by 31 March 2019, 30,645 or 13.8 per cent had been redeemed by that date. Of the 30,645 full redemptions to 31 March 2019, 49.5 per cent (15,184) occurred via the sale of the home and 50.5 per cent (15,461) v...

    Source: Written answer

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