PARLIAMENTARY WRITTEN QUESTION
Help to Buy Scheme (27 May 2015)

Question Asked

To ask the Secretary of State for Communities and Local Government, what estimate he has made of the average cost of homes sold to first-time buyers under the Help to Buy scheme in (a) England, (b) London, (c) London Borough of Islington and (d) Islington South and Finsbury constituency in each of the last four years.

Asked by:
Emily Thornberry (Labour)

Answer

Information on the average cost of homes sold to first time buyers under Help to Buy is not currently published. However available figures show the average cost of all homes sold under the Help to Buy: Mortgage Guarantee scheme as £163,921 for England and £287,109 for London. Available figures for the Help to Buy: Equity Loan scheme show the average cost of all homes was £212,932 for England.


Answered by:
Sir Brandon Lewis (Conservative)
4 June 2015

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