Tuesday, 9 March 2021

Help to Buy Scheme: Insulation – Parliamentary Written Answer

Apsana Begum: To ask the Secretary of State for Housing, Communities and Local Government, whether he plans to extend the interest free period on Help To Buy Loans for leaseholders living in buildings with unsafe cladding.

Christopher Pincher: The Government is conscious of the need to make any financing scheme affordable for leaseholders. That is why we have said that any financing scheme will have a £50 a month cap. We will publish more details on how these will work alongside existing funds (including the Building Safety Fund (BSF)) soon. There are no plans to extend the interest-free period on Help to Buy Equity Loans.

http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2021-02-22/156607

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