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1364410
registered interest false more like this
date less than 2021-10-28more like thismore than 2021-10-28
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
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 Chancellor of the Exchequer, whether he has made an assessment of the potential merits of increasing the £250,000 threshold for purchase under the help to buy ISA scheme in response to rising costs in the property market. more like this
tabling member constituency Belfast East more like this
tabling member printed
Gavin Robinson more like this
uin 65446 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-11-04more like thismore than 2021-11-04
answer text <p>The Help to Buy: ISA scheme aims to help those struggling to save enough to get onto the housing ladder. The property price cap of £250,000 for those properties outside London (£450,000 within London) therefore allows the Government to target support at the people the scheme is intended to help.</p><p /><p>The latest statistics show that since the scheme was launched in 2015, 410,075 property completions have been supported through the scheme with a mean property value of £175,010 compared to an average first-time buyer house price of £220,406. The Government keeps all aspects of savings policy under review.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2021-11-04T08:53:08.643Zmore like thismore than 2021-11-04T08:53:08.643Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4360
label Biography information for Gavin Robinson remove filter