HPAS

Summary

The request sought the number of properties purchased in the last 12 months under the current House Purchase Assistance Scheme (HPAS) replacements. The Department of Infrastructure disclosed that 30 properties were purchased between December 2017 and December 2018 under the two active schemes.

Key Facts

• The original HPAS was revoked and replaced by two schemes in 2014.
• The request was clarified to cover the current Shared Equity Purchase Assistance schemes.
• The data covers the period from 23 December 2017 to 22 December 2018.
• 17 properties were purchased under the First Home Fixed Scheme.
• 13 properties were purchased under the First Home Choice Scheme.

Data Disclosed

• 23 December 2017
• 22 December 2018
• 17
• 13
• 30
• 2014
• 689365

Original Request

How many properties have been purchased in the last 12 months with the benefit of HPAS Clarification: As to your question, the current scheme please.

Data Tables (1)

Data Tables (reformatted)

Full Response Text

Department of Infrastructure Sea Terminal Building, Douglas, Isle of Man, IM1 2RF

Contact: Maggie Farmer Telephone: (01624) 686785 Email: dpo-doi@gov.im

Our ref: 689365 11 January 2019

Dear ###

We write further to your request which was received on 3 January 2019 and which states:

"How many properties have been purchased in the last 12 months with the benefit of HPAS Clarification: was sought by the Department since the House Purchase Assistance Scheme (HPAS) was revoked and replaced by the Shared Equity Purchase Assistance (First Home Fixed) Scheme 2014 and the Shared Equity Purchase Assistance (First Home Choice) Scheme 2014. You confirmed by return that you wished to know how many properties have been purchased in the last 12 months with the benefit of the current Schemes for first time buyer assistance."

The information you have requested is provided below. The number of properties that have been purchased between 23 December 2017 to 22 December 2018 with the benefit of the; - Shared Equity Purchase Assistance (First Home Fixed) Scheme 2014 is 17 - Shared Equity Purchase Assistance (First Home Choice) Scheme 2014 is 13 Therefore, the total number of properties purchased in the specified period with assistance under either of the current Schemes for first time buyers is 30.

Please quote the reference number 689365 in any future communications.

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Yours sincerely

PCdp