Written question asked by Lord Pickles (Conservative) on Monday, 24 April 2006, in the House of Commons. It was due for an answer on Wednesday, 26 April 2006. It was answered by Yvette Cooper (Labour) on Thursday, 25 May 2006 on behalf of the Department for Communities and Local Government.

Shared Ownership/Key Worker Schemes

Question: To ask the Deputy Prime Minister what figures the Government collects in relation to participation in shared ownership and key worker schemes funded by (a) central Government and (b) the Housing Corporation.

Answer: I have been asked to reply.The Government collect data on the number and type of completed sales through shared ownership and key worker schemes funded by the Housing Corporation. Information is also collected on the market value of the property involved, the initial equity stake purchased, the amount of mortgage, the deposit provided and where appropriate, the rent and service charges payable. In addition, data are collected on the previous housing tenure and household characteristics of purchasers, including their gross and net income and savings. The same information has been collected for a small number of sales to key workers who purchased through the previous Starter Home Initiative and which were funded by central government.From 1 April 2006, HomeBuy Agents, who are appointed housing associations providing a ““one-stop-shop”” and point of contact for affordable housing options in a given area in England, will additionally supply information on expressions of interest from potential applicants and the number of applications received for HomeBuy schemes. The level of detail will vary depending on the individual scheme but figures on the progress of sales for all grant funded Open Market HomeBuy schemes will be provided.

Secondary information

Type: Written question
Reference: 66268; 446 c2066W
Session: 2005-06
Subjects: Housing Low incomes Shared ownership schemes Key worker living scheme
Link: View this Written question on www.publications.parliament.uk