Communities and Local Government written question – answered at on 12 June 2014.
To ask the Secretary of State for Communities and Local Government
(1) what the average age of buyers using the Government’s Help to Buy scheme was in Huntingdon constituency;
(2) how many applications have been made (a) successfully and (b) unsuccessfully under the first stage of the Government's Help to Buy scheme in Huntingdon constituency;
(3) what the total value of Government assistance provided under the Help to Buy scheme is in the Huntingdon constituency;
(4) what the average (a) household income and (b) house property acquisition price was of those buying under the Government's Help to Buy scheme in Huntingdon constituency.
holding answer
The area of Huntingdonshire district council comprises all the Huntingdon constituency and part of the North West Cambridgeshire constituency. Separate figures for the Huntingdon constituency could be provided only at disproportionate cost.
Figures for the numbers of sales under the Help to Buy equity loan scheme as at
I have also placed a copy of the table in the Library of the House.
A figure for the average age of buyers in Huntingdonshire is not available because central Government does not collect information on the ages of buyers under the Help to Buy equity loan scheme.
The average annual total applicant income of the 127 households that had bought a property within the area of Huntingdonshire district council under the Help to Buy equity loan scheme as at
Central Government does not collect figures on the numbers of applications that have been (a) successful or (b) unsuccessful under the Help to Buy equity loan scheme. A breakdown for Huntingdonshire is therefore not available.
The Help to Buy mortgage guarantee scheme is a matter for the Treasury. Their most recent statistics show that the average value of the 23 properties in Huntingdonshire that had been sold under the scheme by
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