(10 years, 7 months ago)
Commons ChamberI am surprised by the hon. Gentleman’s question, given that this policy was originated by the Labour party. Everyone agrees that we should modernise our electoral system so that people vote individually. The hon. Gentleman did not oppose the passage of the legislation. We need to proceed with it. The Electoral Commission will monitor it and provide advice as we go.
2. What his plans are for reform of the House of Lords.
In the absence of wider reform—[Interruption.]
In the absence of wider reform, the Government have said that they will support the private Member’s Bill promoted by my hon. Friend the Member for North Warwickshire (Dan Byles), which proposes changes to the rules governing the membership of the House of Lords, including removing peers who are convicted of a serious offence—bringing the rules into line with those of the House of Commons—and removing peers who do not attend.
I am obliged to the Minister for his response. According to the House of Commons Library, the additional costs of running the House of Lords have increased by £42 million since 2010. Will the Minister confirm how much his Government’s policy of stuffing the Lords until it bursts will cost the taxpayer between now and the general election?
I will raise my voice to make the point that the hon. Lady has some nerve to lecture us on House of Lords reform when the Labour party blocked such reform. [Interruption.] The right hon. Member for Tooting (Sadiq Khan) is right to say that some of my colleagues voted against it, but they did so because they disagreed with it; Labour Members voted against it despite the fact that they said they agreed with it.
(10 years, 11 months ago)
Commons Chamber6. What recent progress he has made on implementation of the mortgage guarantee scheme.
The Government are making good progress in working with mortgage lenders to introduce the mortgage guarantee scheme from January 2014. The scheme would allow people who can afford repayments on a mortgage but do not have a large deposit to own their own home.
The dangers of feeding a housing bubble are real. According to the Office for National Statistics, house price inflation in Greater London is four times higher than in the rest of the United Kingdom. Will the Minister confirm his assessment as to the extent that funds spent on the scheme in Greater London will exceed their pro rata share, based on the UK’s population?
The scheme comes into effect in January. Government Members believe that home ownership should not be reserved for the well-off and the children of the well-off, which is why we are introducing this measure. The average deposit has risen to 79% of the income of a first-time buyer. That is why we are introducing the scheme: we are determined to help ordinary working people who want to own their own home.