Ministry of Housing, Communities and Local Government written question – answered at on 14 March 2018.
To ask Secretary of State for Housing, Communities and Local Government, how much funding allocated to Help to Buy equity loans remains unspent; and what estimate he has made of funding (a) allocated and (b) taken up on Help to Buy equity loans in each financial year to 2020-21.
Help to Buy: Equity Loan is demand-led; and at the end of September 2017, the total value of equity loans given out through the scheme was £7.39 billion.
The Government has committed over £22 billion to the Help to Buy: Equity Loan scheme from its launch in April 2013 to March 2021. This includes the further £10 billion announced in October 2017.
Full details by quarter are set out in Table 1 of the statistical release to end September 2017:
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