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Parliamentary debates and questions

S5W-08225: James Kelly (Glasgow)

Scottish Labour

Date lodged: 17 March 2017

To ask the Scottish Government how many (a) first time and (b) non-first time buyers used the Help to Buy (Scotland) scheme in each quarter since it was launched.

Answered by: Kevin Stewart 28 March 2017

Information on the first time buyer status of Help to Buy (Scotland) applicants by entry-date quarter is presented in the following table. This is based on available ‘log form’ information provided by applicants following the completions of sales over the period September 2013 to March 2016. Forms are not received from all applicants, and the number of first time buyers has been approximated by applying the log form percentages to the total number of sales in each period, therefore the figures in the table should be considered as estimates only.

Percentage of Help to Buy (Scotland) sales to first time buyer households and non-first time buyers, by entry-date quarter (The number of first time buyers and non-first time buyers has been approximated by applying the log form percentages to the total number of sales in each period)

Entry-Date Quarter

% First Time Buyers (based on log form data)

% Non-First Time Buyers (based on log form data)

Total number of Help to Buy (Scotland) sales

Approximate number of first time buyers (rounded to the nearest ten)

Approximate number of non-first time buyers (rounded to the nearest ten)

2013-14 - Quarter 3

70%

30%

190

130

60

2013-14 - Quarter 4

72%

28%

560

410

160

2014-15 - Quarter 1

64%

36%

1,360

880

480

2014-15 - Quarter 2

58%

42%

1,090

640

450

2014-15 - Quarter 3

58%

42%

1,000

580

420

2014-15 - Quarter 4

74%

26%

240

180

60

2015-16 - Quarter 1

72%

28%

1,600

1,150

450

2015-16 - Quarter 2

66%

34%

790

520

270

2015-16 - Quarter 3

75%

25%

820

610

210

2015-16 - Quarter 4

72%

28%

350

250

100

Source: Help to Buy (Scotland) Log Forms (average return rate is approximately a third of all buyers) and Help to Buy (Scotland) Monitoring Information Report