Boris Johnson
Main Page: Boris Johnson (Conservative - Uxbridge and South Ruislip)(8 years, 10 months ago)
Commons ChamberI do indeed, and I say to the Minister, because there is still time for him to think again, that the Housing and Planning Bill is a huge missed opportunity to help 11 million people who live in the private rented sector without the security to start their lives and bring up their families. He could legislate for longer tenancies, better consumer rights, and better and more decent standards and obligations on landlords. He has refused to do that so far. I hope that he will think again.
I ask the right hon. Gentleman to clear up one point upon which I—and, I am sure, many people—am still in doubt. Is he in favour of giving housing association tenants the right to buy their home? Is he in favour of aspiration for those people to buy homes, in the way that Opposition Members have done? Yes or no?
I am certainly in favour of aspiration and of home ownership. Under the last Labour Government, the number of homeowners increased by more than 1 million. However, I confirmed on Second Reading that we will oppose right to buy funded by forced sale of council homes because it will lead to a huge loss of affordable homes to rent and buy that people in this country need. That policy will penalise people on ordinary, modest incomes.
That was almost a reasonable attempt by the hon. Gentleman, but let me just give him some facts for London. The average first-time buyer home is less than the cost of an average home generally. For example, in London an average first-time buyer home is £364,000. We recognise that that is a challenge, but with a 20% discount it will cost £291,000. If used with the Help to Buy scheme, a first-time buyer can buy that home for £174,000 with a deposit of just £14,500. I also point the hon. Gentleman to my comments of a few moments ago: shared ownership, even in London, means getting on the home ownership ladder for just under £3,500. We make no apology for our focus on affordable homeownership.
I congratulate my hon. Friend on his remarks, and here is one more statistic: the massive expansion in “part buy, part rent” schemes, which he is helping us to oversee in London, has already helped 52,000 families, on an average household income of £37,000, into homes they partially own and will own more of in the future. That is the Conservative policy.
My hon. Friend highlights the reality and what the ambition should be. London is a shining example of what a city can achieve under the leadership of a powerful Mayor. He has overseen the delivery of more than 67,000 affordable homes since the mess we inherited in 2010, and we want to build on that, which is why we are looking to devolve more powers to mayoral London and enable my hon. Friend the Member for Richmond Park (Zac Goldsmith) to take forward my hon. Friend’s work. We make no apology for focusing on affordable home ownership, while Labour does everything it can to deny people the chance to own their own home. It is what people want; buying a home is an aspiration shared by the vast majority of the public—86% say they would choose to buy their own property—which might partly explain the result at the general election, when Labour was ignored by the public.