Communities and Local Government written question – answered at on 28 October 2008.
To ask the Secretary of State for Communities and Local Government what the (a) budgeted expenditure and (b) outturn expenditure was for each HomeBuy scheme in each year since the schemes were introduced.
The following table shows outturn expenditure through the Housing Corporation's Affordable Housing programme for each homebuy scheme for each year since the schemes were introduced. As new build homebuy is comparable to the Shared Ownership programme we have also provided these figures back to 1997-98. New build homebuy and social homebuy were only introduced from 2006-07.
£ million | ||||
Shared ownership | Homebuy new build | Open market homebuy | Social homebuy | |
1997-98 | 62.0 | n/a | 0.0 | n/a |
1998-99 | 49.5 | n/a | 0.0 | n/a |
1999-2000 | 49.0 | n/a | 19.9 | n/a |
2000-01 | 60.2 | n/a | 35.3 | n/a |
2001-02 | 51.2 | n/a | 36.7 | n/a |
2002-03 | 75.7 | n/a | 108.6 | n/a |
2003-04 | 227.5 | n/a | 266.1 | n/a |
2004-05 | 247.6 | n/a | 213.7 | n/a |
2005-06 | 225.8 | n/a | 314.3 | n/a |
2006-07 | 111.9 | 208.1 | 91.3 | 0.5 |
2007-08 | 49.2 | 267.5 | 83.9 | 1.9 |
Source: Housing Corporation |
We do not set budgets for individual low cost home ownership products which fall within the Housing Corporation's Affordable Housing programme.
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