Oral Answers to Questions

Debate between Brandon Lewis and Pat Glass

Monday 8th September 2014 Commons Chamber

[Pat Glass (North West Durham) (Lab)]

2. What steps he is taking to improve stability and affordability in the private rented sector.

[The Minister of State, Department for Communities and Local Government (Brandon Lewis)]

We will soon publish a model tenancy agreement to encourage longer tenancies. Our £1 billion Build to Rent fund will deliver up to 10,000 new homes for private rent, and our housing guarantee schemes will attract long-term investors into the market, which in itself will increase choice, quality and stability for renters.

[Pat Glass]

I thank the Minister for his answer, but the fact remains that we are building fewer than half the homes we need in this country, and the combination of that and rising private sector rents is putting home ownership out of reach for many families. Is the Minister content that under his Government the dream of home ownership will be out of reach of millions of families in this country?

[Brandon Lewis]

I am slightly surprised by the hon. Lady’s question, given that under the previous Administration the number of affordable rental homes fell by 420,000 and under this Government, since 2010, we have got about 480,000 new homes built. To be clear, and contradicting something she said, average rents are down in real terms year on year under this Government.