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registered interest false remove filter
date less than 2014-06-04more like thismore than 2014-06-04
answering body
Department for Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Communities and Local Government more like this
answering dept sort name Communities and Local Government more like this
hansard heading Help to Buy Scheme: Huntingdon 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 Communities and Local Government, what the average (a) household income and (b) house property acquisition price was of those buying under the Government's Help to Buy scheme in Huntingdon constituency. more like this
tabling member constituency Huntingdon more like this
tabling member printed
Mr Jonathan Djanogly more like this
uin 199062 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-12more like thismore than 2014-06-12
answer text <p> </p><p><em>[Holding reply: Monday 9 June2014] </em></p><p>The area of Huntingdonshire District Council comprises all the Huntingdon constituency and part of the North West Cambridgeshire constituency. Separate figures for the Huntingdon constituency could be provided only at disproportionate cost.</p><p>Figures for the numbers of sales under the Help to Buy equity loan scheme as at 30 April 2014 broken down by local authority and postcode sector are available at <a href="https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics" target="_blank">https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics</a>. I have also placed a copy of the table in the Library of the House.</p><p>A figure for the average age of buyers in Huntingdonshire is not available because central government does not collect information on the ages of buyers under the Help to Buy equity loan scheme.</p><p>The average annual total applicant income of the 127 households that had bought a property within the area of Huntingdonshire District Council under the Help to Buy equity loan scheme as at 31 March 2014 was £49,181. During this period, the average purchase price of properties bought under the scheme in the same area was £213,573 and the total amount of equity loan payments made by central government was £5,424,768.</p><p>Central government does not collect figures on the numbers of applications that have been (a) successful or (b) unsuccessful under the Help to Buy equity loan scheme. A breakdown for Huntingdonshire is therefore not available.</p><p>The Help to Buy mortgage guarantee scheme is a matter for the Treasury. Their most recent statistics show that the average value of the 23 properties in Huntingdonshire that had been sold under the scheme by 31 March 2014 was £162,228, and that the total value of loans supported by the scheme for these properties was £3,528,682. This information is available from Table 7 at:</p><p><a href="https://www.gov.uk/government/publications/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2014" target="_blank">https://www.gov.uk/government/publications/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-march-2014</a>.</p><p> </p>
answering member constituency Keighley more like this
answering member printed Kris Hopkins more like this
grouped question UIN
199059 more like this
199060 more like this
199063 more like this
question first answered
less than 2014-06-12T15:02:13.4373844Zmore like thismore than 2014-06-12T15:02:13.4373844Z
answering member
4043
label Biography information for Kris Hopkins more like this
previous answer version
246
answering member constituency Keighley more like this
answering member printed Kris Hopkins more like this
answering member
4043
label Biography information for Kris Hopkins more like this
tabling member
1425
label Biography information for Mr Jonathan Djanogly more like this