Official Statistics

Help to Buy: NewBuy scheme statistics: January to June 2012

First release of official statistics about the Help to Buy: NewBuy scheme.

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Detail

This first release of official statistics about the Help to Buy: NewBuy scheme (formerly known as ‘NewBuy’) was released under the auspices of the UK Statistics Authority’s code of practice on 27 September 2012.

Statistics on the Help to Buy: NewBuy scheme cover quarterly and cumulative data for England up to 30 June 2012.

This release sets out:

  • total completions (number of properties purchased under the scheme)
  • contingent liability (the maximum possible cost to government as a result of government’s provision of a guarantee corresponding to these completions)
  • total costs (the amount spent by government to date in payment of claims made by mortgage lenders against this guarantee)