Baroness Gardner of Parkes
Main Page: Baroness Gardner of Parkes (Conservative - Life peer)
Baroness Stowell of Beeston
It is worth making the point in response to the noble Lord that, despite the Labour Government having a target of 240,000 new dwellings a year in England when they were in power, housebuilding across England and Wales under his Government fell to its lowest peacetime rate since 1924 by 2009-10. As for his point about the Help to Buy mortgage guarantee scheme, it is ensuring that people who are unable to fund the high deposit rates are able to buy property. Once you take out London and the south-east, house prices in most places around the UK are going down.
Baroness Gardner of Parkes (Con)
My Lords, although I welcome the Help to Buy scheme for first-time buyers, is the Minister aware that there is a great need for small units—ideally one-bedroomed units designed for people who want to leave large homes—whether they are built privately or by local authorities? It would free up a huge number of properties if more accommodation of that type was developed. Will be Government do something to encourage such development?
Baroness Stowell of Beeston
The Government’s approach is driven by need and by local communities being in charge of deciding what is built in their areas, rather than the top-down approach that has been taken in the past. During the past few years, we have been ensuring that any new development that may have been stalled but which can provide the kind of new accommodation to which my noble friend refers receives support to get that new construction under way.