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<p>The following answer sets out Capital Departmental Expenditure Limits (CDEL) forecast
expenditure of the Help to Buy: Equity Loan scheme, as set out in published Budget
reports. It includes CDEL financial transactions only, as the primary cost associated
with the scheme. It does not include running costs. <br> <br>Help to Buy: Equity
Loan is a demand-led scheme: the uptake is driven by the market. Budget forecasts
are therefore revised regularly in light of the most recent market information and
estimated demand for the scheme.</p><p>It would not be appropriate to set out annualised
net forecast expenditure or costs because they are not reflective of the actual cost
and return to government for the scheme. In particular, the annual net cost amount
does not fully account for the equity element of the homes which is held as an asset.</p><p>For
the reasons set out above, the Department does not set out annual net costs for Help
to Buy: Equity Loan. Annual cost and income figures in relation to the scheme are
set out in the Annual Report and Accounts of Homes England (formerly Homes and Communities
Agency) for the financial years 2013-14 to 2018-19.</p><p>The figures published in
the Budget reports are:</p><p>2013 Spring Budget Report</p><p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F221885%2Fbudget2013_complete.pdf&data=02%7C01%7CKenneth.Cameron%40communities.gov.uk%7C48f77c3d738040e3fb1b08d7b56b27ed%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C637177344157379223&sdata=qDuQEPW2Idk018M42uXAyJ0z%2BBcRzr2F8NjbvlnM4pA%3D&reserved=0"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/221885/budget2013_complete.pdf</a></p><p>This
contains announcement of scheme from 2013 to 2016.</p><p>page 65, page 71 Table 2.6
(£ million)</p><table><tbody><tr><td><p>Help to Buy: Equity Loan</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>total</p></td></tr><tr><td><p>
</p></td><td><p>£1,150m</p></td><td><p>£1,430m</p></td><td><p>£1,550m</p></td><td><p>£4,130m</p></td></tr></tbody></table><p>
</p><p>2014 Spring Budget Report</p><p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F293759%2F37630_Budget_2014_Web_Accessible.pdf&data=02%7C01%7CKenneth.Cameron%40communities.gov.uk%7C48f77c3d738040e3fb1b08d7b56b27ed%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C637177344157389223&sdata=FCRhwgzx8CrEMJFBggsNCCimHnlLogH2KELMMMh9wQA%3D&reserved=0"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/293759/37630_Budget_2014_Web_Accessible.pdf</a></p><p>This
contains the announcement of extending the scheme to 2020 (paragraphs 1.140, 2.15).
<br> <br>page 62, Table 2.5 (£ million)</p><table><tbody><tr><td><p> </p></td><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>total</p></td></tr><tr><td><p>Help
to Buy: Equity Loan</p></td><td><p>0</p></td><td><p>0</p></td><td><p>£1,700m</p></td><td><p>£1,750m</p></td><td><p>£1,800m</p></td><td><p>£5,250m</p></td></tr></tbody></table><p><br>2015
Spending Review Autumn Statement</p><p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F479749%2F52229_Blue_Book_PU1865_Web_Accessible.pdf&data=02%7C01%7CKenneth.Cameron%40communities.gov.uk%7C48f77c3d738040e3fb1b08d7b56b27ed%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C637177344157389223&sdata=ajz1t4nHGZuaPf1tpXfbpAD5Ux2CWzsHTf9ZKxDpPVs%3D&reserved=0"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/479749/52229_Blue_Book_PU1865_Web_Accessible.pdf</a></p><p>page
42, paragraph 1.146 part 4 This contains the announcement of extending the scheme
to 2021, along with the new London Help to Buy scheme.</p><p>2016 Spring Budget Report
<a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/508193/HMT_Budget_2016_Web_Accessible.pdf"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/508193/HMT_Budget_2016_Web_Accessible.pdf</a></p><p>page
42, paragraph 1.105 This contains an update on scheme performance.</p><p>2017 Autumn
Budget Report</p><p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F661480%2Fautumn_budget_2017_web.pdf&data=02%7C01%7CKenneth.Cameron%40communities.gov.uk%7C48f77c3d738040e3fb1b08d7b56b27ed%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C637177344157399215&sdata=bq5FkYYVvWcvI2qgZY0ATq3ngGXEvVjBwwZmJ5mODMI%3D&reserved=0"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/661480/autumn_budget_2017_web.pdf</a></p><p>This
contains the announcement of the additional £10 billion. <br>page 25, Table 1.9 (£
million)</p><table><tbody><tr><td><p>Help to Buy: Equity Loan</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>total</p></td></tr><tr><td><p>
</p></td><td><p>£1,895m</p></td><td><p>£2,870m</p></td><td><p>£3,325m</p></td><td><p>£3,780m</p></td><td><p>£11,870m</p></td></tr></tbody></table><p>2018
Autumn Budget Report</p><p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fgovernment%2Fuploads%2Fsystem%2Fuploads%2Fattachment_data%2Ffile%2F752202%2FBudget_2018_red_web.pdf&data=02%7C01%7CKenneth.Cameron%40communities.gov.uk%7C48f77c3d738040e3fb1b08d7b56b27ed%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C637177344157399215&sdata=KwpjCOqNkqOEuwc2OyHyuvm30DrK4qKMCGyc4MM51vI%3D&reserved=0"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752202/Budget_2018_red_web.pdf</a></p><p>Contains
the announcement of the new scheme from 2021 to 2023. <br>page 27, Table 1.8 (£ million)</p><table><tbody><tr><td><p>Help
to Buy: Equity Loan</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td><td><p>2022-23</p></td><td><p>total</p></td></tr><tr><td><p>
</p></td><td><p>£170m</p></td><td><p>£4,065m</p></td><td><p>£4,605m</p></td><td><p>£8,840m</p></td></tr></tbody></table>
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