Help to Buy Scheme

Department for Levelling Up, Housing and Communities written question – answered am ar 6 Mawrth 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Reid of Cardowan Lord Reid of Cardowan Llafur

To ask His Majesty's Government what assessment they have made of the impact of the closure of the Help to Buy scheme on the property market.

Photo of Baroness Swinburne Baroness Swinburne Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)

In line with the recommendation of the National Audit Office and Public Accounts Committee, the Department of Levelling Up, Housing and Communities has committed to undertaking an evaluation of the Help to Buy scheme, with a target date for publication of Autumn 2024. This will seek to investigate, amongst other matters, the effect of the Help to Buy scheme on the housing market within its lifetime and, where possible, after its closure.

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