Written questions, answers and statements

Housing: Prices

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Question for HM Treasury

UIN 12754, tabled on 21 October 2015

Question

George Kerevan
Scottish National Party
East Lothian
Commons

To ask Mr Chancellor of the Exchequer, what his most recent assessment is of the effect of the Help to Buy scheme on house prices.

Answer

Harriett Baldwin
Conservative
West Worcestershire
Commons

Answered on

26 October 2015

The Financial Policy Committee (FPC) assess the impact of the Help to Buy: mortgage guarantee scheme on an annual basis. The most recent review was carried out by the FPC in September 2015. The FPC’s view was that the scheme has not been a material driver of house price growth.

Answered by

Treasury
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