Help to Buy Scheme: Oxfordshire

Treasury written question – answered on 22nd October 2018.

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Photo of Layla Moran Layla Moran Liberal Democrat Spokesperson (Education)

To ask the Chancellor of the Exchequer, pursuant to the Answer of 16 October 2018 to Question 176641 on help to buy scheme: Oxfordshire, if he will (a) publish and (b) place in the Library the calculation relating to the average value of a property completion under that scheme in Oxfordshire.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

Between the introduction of the Help to Buy ISA in December 2015 to March 2018, the average property purchase price in Oxfordshire under the scheme was £196,618. This is based upon 624 property purchase completions taking place, with a total expected value of c.£122.7 million. The information is recorded and published in the Help to Buy ISA Quarterly Statistics accompanying tables. The last release of these was 16th August 2018, which can be found using the following link - https://www.gov.uk/government/statistics/help-to-buy-isa-scheme-quarterly-statistics-december-2015-to-31-march-2018

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