Question reference: S6W-10239
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
- Date lodged: 10 August 2022 Registered interest
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Current status: Answered by Shona Robison on 7 September 2022
Question
To ask the Scottish Government what the (a) budget and (b) expenditure of the Home Owners' Support Fund has been in each of the past six years, broken down by the (i) Mortgage to Rent and (ii) Mortgage to Shared Equity schemes, and whether any underspend (A) has been carried forward to 2022-23 and (B) can be carried forward to 2023-24.
Answer
The following table shows Home Owners Support Fund (HOSF) budget and expenditure for each of the last six years broken down by Mortgage to Rent (MTR) and Mortgage to Shared Equity (MTSE). HOSF is a demand led scheme and any difference between budget and actual spend reflects demand in that year and so there is no underspend or carry forward.
Financial Year | HOSF Budget | HOSF MTR Actual Expenditure | HOSF MTSE Actual Expenditure | Total Expenditure |
(£m) | (£m) | (£m) | (£m) | |
2016-17 | 5.000 | 2.980 | 0.000 | 2.980 |
2017-18 | 3.000 | 1.127 | 0.000 | 1.127 |
2018-19 | 2.500 | 1.536 | 0.000 | 1.536 |
2019-20 | 2.500 | 1.191 | 0.000 | 1.191 |
2020-21 | 2.000 | 0.303 | 0.000 | 0.303 |
2021-22 | Figures will be published shortly | |||
Total (£m) | 15.000 | 7.137 | 0.000 | 7.137 |
Budget and expenditure figures for 2021-22 will be published shortly.