❓ WA Parliamentary Question on Notice regarding Keystart loans, including application numbers after income limit changes and historical data on default letters and home sales due to default.
AnsweredQoN 5337Legislative Assembly
Asked
6 August 2019
Member
Portfolio
Housing; Veterans Issues; Youth; Asian Engagement
QuestionView source ↗
I refer to the increase to income limits for Keystart loans which came into effect on 1 July 2019, and I ask: (a) As at 1 August 2019, how many new loan applications have been received by Keystart since 1 July 2019; (b) For each month between 1 January 2017 and 1 August 2019, how many Keystart mortgagors have been sent a default letter; and (c) For each month between 1 January 2017 and 1 August 2019, how many Keystart mortgagors' homes have been sold due loan default?
AnswerView source ↗
Answered
17 September 2019
Responded by
Minister for Housing; Veterans Issues; Youth; Asian Engagement
Response time
12 days
(a) Keystart received 349 applications for new loans in the month of July 2019.
(b)
2017
2018
2019
January
56
33
42
February
34
54
39
March
67
31
43
April
52
49
28
May
21
64
35
June
70
52
21
July
34
40
33
August
59
40
-
September
26
51
-
October
52
33
-
November
40
27
-
December
42
24
-
Total
553
498
241
(c)
2017
2018
2019
January
7
19
8
February
5
21
22
March
8
19
20
April
3
31
15
May
5
15
15
June
6
18
22
July
7
9
23
August
4
15
-
September
14
11
-
October
9
20
-
November
20
27
-
December
11
13
-
Total
99
218
125
(b)
2017
2018
2019
January
56
33
42
February
34
54
39
March
67
31
43
April
52
49
28
May
21
64
35
June
70
52
21
July
34
40
33
August
59
40
-
September
26
51
-
October
52
33
-
November
40
27
-
December
42
24
-
Total
553
498
241
(c)
2017
2018
2019
January
7
19
8
February
5
21
22
March
8
19
20
April
3
31
15
May
5
15
15
June
6
18
22
July
7
9
23
August
4
15
-
September
14
11
-
October
9
20
-
November
20
27
-
December
11
13
-
Total
99
218
125
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