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Ministry of Housing, Communities and Local Government written question – answered on 13th January 2020.

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Photo of Kevin Hollinrake Kevin Hollinrake Conservative, Thirsk and Malton

What recent assessment he has made of the effect of Help to Buy on the number of homes purchased by first time buyers.

Photo of Esther McVey Esther McVey Minister of State (Housing, Communities and Local Government)

Over 192,000 (81 per cent) of sales through Help to Buy: Equity Loan from its start in April 2013 to 30 June 2019 have been to first-time buyers.

This has helped increase the number of first-time buyers to over 350,000 in 2018 – an eleven-year annual high, an increase of 84 per cent since 2010.

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