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21 May 2009 : Column 1537W—continued

HomeBuy Scheme

Grant Shapps: To ask the Secretary of State for Communities and Local Government (1) what percentage of the MyChoice HomeBuy budget for each region for 2010-11 has been allocated; and if she will make a statement; [275569]

(2) what funding was allocated to MyChoice Homebuy in (a) 2008-09 and (b) 2009-10; and how much has been spent from each year's allocation; [276740]

(3) how many allocations of funding were provided by MyChoice Homebuy for 2009-10; and how many have so far been taken up; [276741]

(4) how much funding is available for the MyChoice Homebuy scheme in 2010-11; and if she will make a statement; [276742]

(5) what assessment she has made of whether to reallocate funds from one Homebuy scheme to another; [276743]

(6) whether she plans to redistribute MyChoice Homebuy funding to reflect demand for the scheme in each region; and if she will make a statement; [276744]


21 May 2009 : Column 1538W

(7) how many Homebuy agents had stopped accepting new applications for the MyChoice Homebuy scheme by 18 May 2009; [276745]

(8) how many Homebuy agents were accepting applications for the MyChoice Homebuy scheme on 18 May 2009. [276747]

Margaret Beckett: I refer the hon. Member to the answers he was given on 24 March 2009, Official Report, column 218W, and on 18 May, Official Report, columns1194-5W.

Grant Shapps: To ask the Secretary of State for Communities and Local Government how many homes were available under the (a) HomeBuy Direct, (b) OwnHome, (c) OpenMarket HomeBuy, (d) the First Time Buyers Initiative, (e) MyChoice HomeBuy, (f) New Build HomeBuy, (g) Social HomeBuy and (h) Rent to HomeBuy schemes in each region in each of the last six months. [276384]

Margaret Beckett [holding answer 19 May 2009]: We do not hold centrally the number of homes available for Open Market HomeBuy, in each region in each of the last six months. The scheme enables purchasers to buy any property on the open market with the help of an equity loan. Ownhome and My Choice HomeBuy are subsets of Open Market HomeBuy.

Again for HomeBuy Direct we do not centrally collect the number of homes available to purchase by region.

On the First Time Buyers' Initiative, the following table shows the number of homes available in each month. These figures do not include homes that were purchased “off plan”.

November December January February March April

East of England

73

82

91

104

120

94

East Midlands

105

107

107

113

113

121

London

117

132

150

156

174

196

North East

97

97

100

101

103

103

North West

145

159

169

177

182

187

South East

97

103

115

121

124

146

South West

79

82

91

100

105

125

West Midlands

28

34

45

50

53

57

Yorkshire and Humberside

34

35

37

37

37

37

Total

775

831

905

959

1,011

1,066


The number of completed homes each month for NewBuild HomeBuy has been provided in the following table. In each month there are likely to be more homes available than just those newly completed, as some homes can take a few months to sell and others come back on the market as occupants change.


21 May 2009 : Column 1539W

21 May 2009 : Column 1540W
New Build HomeBuy

November December January February March April

East Midlands

102

54

17

27

126

0

East of England

85

79

78

17

439

6

London

151

413

13

158

754

96

North East

5

12

20

48

43

0

North West

2

34

2

27

240

0

South East

57

313

150

177

690

0

South West

84

117

56

39

326

7

West Midlands

35

80

34

109

204

14

Yorkshire and Humberside

24

27

43

30

27

3

Total

545

1,129

413

632

2,849

126


For Rent to HomeBuy the following table shows the number of completions in each month by region. In each month there are likely to be more homes available than just those newly completed, as some homes can take a short time to rent.

Rent to HomeBuy

November December January February March April

East Midlands

0

13

0

0

285

0

East of England

0

0

6

0

94

0

London

0

0

0

0

232

63

North East

4

0

0

0

0

0

North West

0

6

0

0

132

0

South East

24

12

0

0

78

0

South West

0

0

0

0

89

0

West Midlands

0

0

4

27

17

0

Yorkshire and Humberside

0

17

0

0

45

0

Total

28

48

10

27

972

63


We do not hold centrally data on the number of properties on which Social HomeBuy is offered by landlords participating in the scheme.


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