The Help to Buy Scheme

Part of 2. Questions to the Minister for Housing and Local Government – in the Senedd at 2:55 pm on 17 July 2019.

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Photo of Julie James Julie James Labour 2:55, 17 July 2019

No, I don't share those concerns. We know that some 6 per cent of all completions on Help to Buy were, in fact, by first-time buyers, and they have proved an important element of the additional 20,000 affordable homes, with many of them being at affordable rent. The number of purchases at the scheme's inception stood at 8,731, and we've got another 827 applications for loans in the pipeline, and there have been 5,645 purchases during this term of Government. So, we can see, Llywydd, that this is a popular scheme. If we are to announce a further tranche, and I will not be able to do that one way or the other, then, there will certainly be some changes to the scheme to reflect some of the climate emergency issues that we've discussed in this Chamber, but I'm just not in a position to say one way or the other at this point in time.