Monday, 30 March 2020

Help to Buy Scheme – Parliamentary Written Answer

John Healey: To ask the Secretary of State for Housing, Communities and Local Government, what policy decisions were set out in Budget 2020 in relation to Help to Buy.
Christopher Pincher: [Holding answer 19 March 2020]: In February, the Government confirmed details of the new Help to Buy Scheme from April 2021, which included a policy decision to define a first-time buyer as someone who has never previously owned a property. This definition is consistent with other government policies such as Stamp Duty Land Tax exemption. Budget 2020 set out the revised forecast expenditure arising from this decision.
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2020-03-16/29825

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