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Monday, 19 November 2018

Help to Buy Scheme – Parliamentary Written Answer


Teresa Pearce: To ask the Secretary of State for Housing, Communities and Local Government, how many help to buy equity loans have been made since the start of that scheme; and of those loans what proportion were for leasehold properties.
Kit Malthouse: Help to Buy: Equity Loan has helped 169,102 households buy a new-build home from its launch on 1 April 2013 until 31 March 2018. To end March 2018, overall, 24.9 per cent of these were for leasehold properties: 12.0 per cent of houses were leasehold and 92.8 per cent of flats were leasehold.

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