I thought that the noble Lord had said discounts, so I apologise if I misheard him. I think I need to reiterate that point: the 40% Help to Buy loan equity plus the 20% discount do not add up to a 60% subsidy. Effectively, 40% of that 60% is in fact a loan and has to be paid back.
Housing and Planning Bill
Proceeding contribution from
Baroness Williams of Trafford
(Conservative)
in the House of Lords on Thursday, 3 March 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Housing and Planning Bill.
About this proceeding contribution
Reference
769 c1015Session
2015-16Chamber / Committee
House of Lords chamberLibrarians' tools
Timestamp
2016-03-09 17:49:58 +0000
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