Andrew Rosindell – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Andrew Rosindell on 2015-10-21.

To ask Mr Chancellor of the Exchequer, what discussions he has had with (a) his ministerial colleagues and (b) external organisations on the future of the mortgage guarantee scheme of the Help to Buy policy; and if he will make a statement.

Harriett Baldwin

The Government is committed to addressing the affordability of housing and making the aspiration of home ownership a reality for as many households as possible. At Budget 2014, the Help to Buy: equity loan scheme was extended to 2020 and the Government also intends to support younger buyers through delivering 200,000 Starter Homes by 2020, to be sold at a 20% discount for first time buyers under 40. These measures will also be supported by the launch of a Help to Buy: ISA through which the Government will top up mortgage deposit savings for first time buyers by 25% up to a maximum of £3,000.

Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: http://www.hm-treasury.gov.uk/minister_hospitality.htm

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