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United Kingdom · Question · Written question

UIN 155937

Help to Buy Scheme

answeredUnited Kingdom· UK Parliament· EN

Introduced

19 April 2022

Last action

27 April 2022 · Answer

Status

Answered

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Discovery layer

Source updated

27 April 2022

Summary

To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department will reassess the limit on the Help to Buy scheme to reflect current property valuations.

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Timeline

  1. 19 April 2022

    Written question

    To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department will reassess the limit on the Help to Buy scheme to reflect current property valuations.

    Source: Commons

  2. 27 April 2022

    Answer

    In 2021 the new Help to Buy Equity Loan scheme introduced regional property price caps which set the maximum purchase price in each region. They are all set at 1.5 times the forecast regional average first-time buyer price, in line with the Office of Budg...

    Source: Written answer

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