www.communities.gov.uk

NewBuy Guarantee Scheme Statistics: January to June 2012

Published 27 September 2012
Type(s) Statistics
Site Corporate
ISBN 9781409836582
Price Free

Summary

This first release of official statistics concerning the NewBuy Guarantee scheme was released under the auspices of the UK Statistics Authority's code of practice on 27 September 2012.

Statistics on the NewBuy Guarantee 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);
  • Government's Contingent Liability (the maximum possible cost to government as a result of government's provision of a guarantee corresponding to these completions); and
  • Government's Total Costs (the amount spent by government to date in payment of claims made by mortgage lenders against this guarantee).

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