Lord Elton
Main Page: Lord Elton (Conservative - Excepted Hereditary)My Lords, I have just outlined that the brownfield fund should help—but housing zones should also help. Those are zones on brownfield land on which housing is especially suitable to be developed. Having the register will make that information easily accessible, and the fund will help to clear some of the difficult sites. By the same token of the land values being low, the construction is quite often cheaper.
My Lords, much is written about the tendency of private development firms to buy and bank greenfield sites and not to develop them. Is there a similar danger in the development of brownfield sites and, if so, can the Government take steps to avoid it?
My Lords, the Government have made it clear that, in terms of affordable housing and the right-to-buy market, they expect land that is developed to be built on within three years—and, if it is not, it will go back to the HCA, which will itself develop it.