Covid-19: Housing Debate

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Department: Ministry of Housing, Communities and Local Government

Baroness Kennedy of Cradley

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Arrangement of Business

Covid-19: Housing

Baroness Kennedy of Cradley Excerpts

Agriculture Bill
Monday 18th May 2020

(4 years, 5 months ago)

Lords Chamber
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Lord Greenhalgh Portrait Lord Greenhalgh
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My noble friend is right: we need housing of all types and tenures and in all places, town and country alike.

Baroness Kennedy of Cradley Portrait Baroness Kennedy of Cradley (Lab)
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My Lords, house prices have fallen, and many are struggling to meet their mortgage repayments due to Covid-19. Will the Government do an assessment of the number of home owners at risk of negative equity or of having their home repossessed, and the effect this will have on the economy? The furlough scheme has been extended. Will the mortgage holiday be extended too?

Lord Greenhalgh Portrait Lord Greenhalgh
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I will write to the noble Baroness about the mortgage holiday situation. I am not aware that a decision has been taken, but we are looking into it at the moment.

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