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Parliamentary Questions


Question On Notice No. 1699 asked in the Legislative Council on 23 September 2014 by Hon Lynn Maclaren

Question Directed to the: Minister for Agriculture and Food representing the Minister for Housing
Parliament: 39 Session: 1
Tabled Paper No: 2255- View tabled paper


Question

(1) Please provide the percentage of standard Keystart loans that were granted to first time buyers:
(a) in the financial year 2012-13 and 2013-14;
(b) as a percentage of all lending to first time buyers in the State since the scheme started to 2013-14;
(c) for house and land packages; and
(d) for established dwellings?
(2) What is the total number of applications for Keystart loans received, by year, since the scheme started to 2013-14?
(3) What is the total number of loans provided, by year, since the scheme commenced to 2013-14?
(4) What is the average loan size, by year, since Keystart commenced to 2013-14?
(5) What is the average loan-to-value ratio since commencement through to 2013-14?
(6) What is the average income, by year, of successful applicants from commencement through 2013-14?
(7) What is the average deposit, by year, by successful applicants from start to 2013-14?
(8) What is the number of defaults, by year, for commencement to 2013-14 with:
(a) 30 day arrears;
(b) 90 day arrears; and
(c) repossession orders lodged with the Supreme Court?

Answered on 18 November 2014

The Department of Housing and Keystart advise:

 

(1)

(a)       

2012-13: 87%

2013-14: 87%

 

(1)   (b)-(8)

[See Tabled Paper no. ]