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947045
registered interest false more like this
date less than 2018-07-23more like thismore than 2018-07-23
answering body
Ministry of Housing, Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Housing, Communities and Local Government more like this
answering dept sort name Housing, Communities and Local Government more like this
hansard heading Help to Buy Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Housing, Communities and Local Government, what steps his Department is taking to improve the accessibility of the Help to Buy scheme for lower-income citizens. more like this
tabling member constituency Romford more like this
tabling member printed
Andrew Rosindell more like this
uin 167193 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-06more like thismore than 2018-09-06
answer text <p>Help to Buy: Equity Loan has helped almost 159,000 households buy a new-build home from its launch in spring 2013 until December 2017. The scheme enables prospective homeowners to buy a home with a deposit of 5 per cent. 81 per cent of sales have been to first-time buyers.</p><p>The majority (59 per cent) of the households using the scheme have had household incomes of £50,000 or less.</p><p>For people unable to afford to purchase a home fully, there is the option of shared ownership, by which they can purchase 25 per cent to 75 per cent of a home, with the option to buy further shares in their homes in minimum 10 per cent instalments, and in most circumstances, up to full ownership.</p><p> </p><p> </p><p> </p> more like this
answering member constituency North West Hampshire more like this
answering member printed Kit Malthouse more like this
question first answered
less than 2018-09-06T14:58:39.743Zmore like thismore than 2018-09-06T14:58:39.743Z
answering member
4495
label Biography information for Kit Malthouse more like this
tabling member
1447
label Biography information for Andrew Rosindell more like this