Skip to main content

Andium Homebuy scheme

This content has been automatically generated from the original PDF and some formatting may have been lost. Let us know if you find any major problems.

Text in this format is not official and should not be relied upon to extract citations or propose amendments. Please see the PDF for the official version of the document.

WQ.228/2023

WRITTEN QUESTION TO THE MINISTER FOR HOUSING AND COMMUNITIES

BY DEPUTY S.Y. MÉZEC OF ST. HELIER SOUTH

QUESTION SUBMITTED ON MONDAY 22nd MAY 2023

ANSWER TO BE TABLED ON TUESDAY 30th MAY 2023

Question

“Will the Minister provide a breakdown of –

  1. the number of homes that have been sold through the Andium Homebuy scheme in each of the last 5 years including a breakdown of the number of bedrooms in the properties and whether they were flats or houses;
  2. the number of new builds included in (a), which were specifically built to be sold through the Andium Homebuy scheme and separately the number that were part of the old social rental housing stock;
  3. the number of approvals for old social rental housing stock to be sold that have been authorised by the Minister since taking office; and
  4. the average deferred payment that has been applied in these sales together with the number which have been made with the maximum 25% deferred payment?”

Answer

  1. Number of homes that have been sold through the Andium Homebuy scheme:

 

Year

1 bed flat

2 bed flat

2 bed house

3 bed house

4 bed house

5+ bed house

Total

2023 to date

0

1

1

8

1

0

11

2022

7

11

8

30

2

0

58

2021

9

23

1

41

4

0

78

2020

2

8

2

45

1

0

58

2019

10

12

3

29

0

0

54

2018

13

7

2

22

2

0

46

  1. Old social rental housing stock:

 

Year

1 bed flat

2 bed flat

2 bed house

3 bed house

4 bed house

5+ bed house

Total

2023 to date

0

1

1

9

0

0

11

2022

6

10

8

30

2

0

56

2021

8

23

1

16

4

0

52

2020

2

7

2

28

1

0

40

2019

7

2

3

28

0

0

40

2018

13

7

2

16

2

0

40

Specifically built to be sold through the Andium Homebuy scheme:

 

Year

1 bed flat

2 bed flat

2 bed house

3 bed house

4 bed house

5+ bed house

Total

2023 to date

0

0

0

0

0

0

0

2022

1

1

0

0

0

0

2

2021

1

0

0

25

0

0

26

2020

0

1

0

17

0

0

18

2019

3

10

0

1

0

0

14

2018

0

0

0

6

0

0

6

  1. Sales are not authorised by the Minister for Housing and Communities. The Minister for Treasury is the Guarantor and approves the number of sales in each year as part of the Strategic Business Plan approval.
  2. Deferred Payment Bonds:

 

Year

1 bed flat

2 bed flat

2 bed house

3 bed house

4 bed house

5+ bed house

2023 to date average bond

N/A

25%

0%

23.2%

22.3%

N/A

2023 to date number of sales at 25%

N/A

1

0

5

0

N/A

2022 average bond

18.2%

19.7%

18.7%

20.3%

16.1%

N/A

2022 number of sales at 25%

1

3

3

8

0

N/A

2021 average bond

13.4%

15.5%

20.6%

18.1%

18.4%

N/A

2021 number of sales at 25%

2

3

0

5

2

N/A

2020 average bond

11.7%

14.8%

18.0%

19.5%

24.7%

N/A

2020 number of sales at 25%

0

1

1

9

1

N/A

2019 average bond

10.4%

15.7%

19.5%

15.8%

N/A

N/A

2019 number of sales at 25%

1

0

0

4

N/A

N/A

2018 average bond

3.1%

11.9%

11.1%

15.1%

20.6%

N/A

2018 number of sales at 25%

1

2

3

0

0

N/A

In addition to the above, properties sold at Samarès Nursery (40 x 3 bedroom houses) and Jardin De La Mare (6 x 3 bedroom houses) sites were sold with a bond in perpetuity of between 28% and 29%.