(8 years, 12 months ago)
Commons ChamberMy hon. Friend is absolutely right. When I talk about affordable homes to rent and to buy, I talk, in large part, about those shared ownership homes, which are often built because of obligations on developers, and often managed by housing associations, which will get choked off under this Bill. I will come to that point in a moment.
Will the right hon. Gentleman give way on that point?
No.
Clauses 56 to 72 require the forced sell-off of affordable council homes to fund an extension of the right to buy to housing association homes. It is a power for the Chancellor to impose an annual levy on councils. Honestly, this is like some pre-Magna Carta monarch running short of cash for his exploits. There is no prospect and no plan for the proper replacement of these homes. There is no one-for-one, like-for-like replacement with new homes, and certainly not in the area where they are lost. This is unworkable and wrong, and we will oppose it.