Mortgages: Government Assistance

Treasury written question – answered on 25th June 2014.

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Photo of Andrew George Andrew George Liberal Democrat, St Ives

To ask the Chancellor of the Exchequer how many applications for the Help to Buy scheme have been for (a) shared equity, (b) shared ownership, (c) mutual housing and (d) self-build properties since the scheme was launched.

Photo of Andrea Leadsom Andrea Leadsom The Economic Secretary to the Treasury

The Government do not collect data on the number of applications made under the Help to Buy: mortgage guarantee scheme.

The Government publish quarterly official statistics relating to the Help to Buy: mortgage guarantee scheme. The first of these were published on 29 May 2014.

This report, along with accompanying tables, can be found at:

www.gov.uk/government/publications/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2014

The Help to Buy: equity loan scheme is a shared equity scheme. At Budget 2014, the Government announced that they will seek to explore how they can make the Help to Buy: equity loan scheme available for custom build.

Statistics on the legal completions supported by the equity loan scheme are published monthly at:

www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics

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