Emily Thornberry: 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.
Brandon Lewis: 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.
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