Written question asked by Royston Smith (Conservative) on Monday, 13 June 2022, in the House of Commons. It was due for an answer on Wednesday, 15 June 2022. It was answered by Stuart Andrew (Conservative) on Wednesday, 22 June 2022 on behalf of the Department for Levelling Up, Housing and Communities.
Help to Buy Scheme: Interest Charges
- Question
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To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department has considered waiving Help to Buy loan interests for those affected by unsafe cladding.
- Answer
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The Government has provided £5.1 billion to remediate residential buildings over 18 metres, and recently announced contributions from developers estimated at £5 billion to help to fix the building safety crisis.
We have extended the exceptional criteria for subletting through the Help to Buy scheme to include homes affected by unsafe cladding. Guidance can be found in the following link https://www.gov.uk/guidance/how-to-sublet-your-help-to-buy-home#when-you-may-be-allowed-to-sublet-your-entire-home.
There are no existing plans to change other aspects of the Help to Buy loan rules. However, we will keep these policies under review and recognise the unique circumstances of people affected by the cladding crisis.
Secondary information
- Type
- Written question
- Reference
- 17029
- Session
- 2022-23
- Grouped for answer
- Yes
- Subjects
- Insulation Interest charges Help to buy scheme
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-30 15:03:23 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/17029
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/17029
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/17029