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United Kingdom · Question · Written question

UIN 205558

Housing: Construction

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 July 2014

Last action

18 September 2014 · Answer

Status

Answered

Sponsors

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Subjects

Housing

Source updated

18 September 2014

Housing

Summary

To ask the Secretary of State for Communities and Local Government, how much of his £10 billion for housing guarantees schemes has now been paid to house builders; and how many homes have been completed.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 July 2014

    Written question

    To ask the Secretary of State for Communities and Local Government, how much of his £10 billion for housing guarantees schemes has now been paid to house builders; and how many homes have been completed.

    Source: Commons

  2. 18 September 2014

    Answer

    The Government guarantee schemes do not involve the direct payment of funds. Instead, the Government guarantees the borrowing of approved housing providers in order to reduce the risk for lenders and therefore the risk for investors in lending to house b...

    Source: Written answer

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