Home Buy Schemes

Home Buy SchemesGrant Shapps: To ask the Secretary of State for Communities and Local Government how many homes have been purchased under (a) OwnHome, (b) New Build HomeBuy, (c) HomeBuy Direct, (d) Rent to HomeBuy, (e) Social HomeBuy, (f) the First-Time Buyers Initiative, (g) Open Market HomeBuy and (h) MyChoice HomeBuy in each of the last three years; and if she will make a statement. [272758]Margaret Beckett: The data available on purchases of HomeBuy products in each of the last three years is given in the following table.

2006-07                        2007-08                          2008-09

New Build HomeBuy

11,017                           14,880                             10,647

Social HomeBuy

47                                   160                                   99

First Time Buyers Initiative

24                                    818                                1,025

Open Market HomeBuy

2,293                             2,749                                 6,123

Ownhome

-                                                                               799

MyChoice HomeBuy 

-                                          -                                  3,123

The 6,123 Open Market HomeBuy purchases in 2008-09 include the 799 through Ownhome and 3,123 through My Choice HomeBuy shown separately in the table.For New Build HomeBuy the table shows completions.