(1 year, 10 months ago)
Commons ChamberMy right hon. Friend is absolutely right. May I just say how helpful it is that, having left the Department, she continues to show such a positive and constructive interest in the matter? She is entirely right that we need to focus on what people can do when they are disabled, rather than on what they cannot do. That will be very much at the heart of the White Paper.
The Secretary of State has just said that we should be focusing on what people can do. One key to getting older people back into work is for employers—public and private—to value experience as much as paper qualifications, and in particular not to insist on degrees and A-levels unless they are strictly relevant. He could even take up my private Member’s Bill, the Employment (Application Requirements) Bill, to bring that about.
I would, of course, be happy to look at the right hon. Gentleman’s private Member’s Bill. He makes an important point, which is that we have to ensure that employers see disabled people with eyes wide open—their abilities and the contribution they can make. That is why we promote Disability Confident, and why we have so many work coaches up and down the country focusing on just that.
(6 years, 11 months ago)
Commons ChamberThere is not an area or region of the country that will not see benefits for first-time buyers. [Hon. Members: “Yes, there is.”] No, I am afraid that that is simply not the case. This measure will benefit first-time buyers in every single region of the country. It is the case that property is a lot more expensive in some parts of the country than in others. Arguably, that is where the particular need is. As I have said, the average house price in London is 12 times average earnings, and it is 10 times average earnings in the south-east.
Can the Minister give us any indication of his Department’s estimate of the cost of this measure and of the incidence—how it falls— in different regions of the country? In other words, how much is it going to cost globally and what other housing could the Government have built with that money? Equally importantly, how much of this will be in the south-east and how much in other regions?
In addition to what I just said about every region seeing benefits, I can tell the right hon. Gentleman that the average benefit for the average first-time buyer will be around £1,700, which is a significant amount. For people purchasing a property at the £300,000 to £500,000 level, the benefit is no less than £5,000, which is a considerable sum.
As I say, the average across the piece will be £1,700 per average first-time buyer. I also stated quite clearly that, in every region of the country, there will be those who benefit from this measure.
I thank the Minister for giving way, but surely his Department must have done an analysis, first, to convince the Treasury of how much this would cost and, secondly, to work out how much this would affect each region—in other words, how much benefit was going to the south-east, how much to London, how much to Yorkshire and how much to the west midlands. Why is he so reluctant to open up about those figures?
What I am able to tell the right hon. Gentleman is that, as I have said, the average benefit will be £1,700 for the average first-time buyer. Every region in the United Kingdom will see benefit from this measure, and those regions—particularly in the south and south-east—where the ratio of salaries required to mortgage levels is particularly high will especially benefit.
However, the other thing we need to do as a Government, as I have already stated, is to make sure we get the supply of housing right. That is why we will be moving from the current level of 200,000 new builds a year up to 300,000 in the middle of the 2020s.