Lord Hanson of Flint
Main Page: Lord Hanson of Flint (Labour - Life peer)We are aware that the Select Committee is due to publish its report shortly. Although we have not yet had sight of the report, I am keen to see the Committee’s recommendations and how it can help shape our programme of work. We want to ensure that local authorities have the tools that they need to put prevention absolutely at the heart of tackling homelessness. Good data and measurement are vital for that prevention, and that is why we are currently looking at how the data are collected and used to support prevention, so that we can find those at risk of becoming homeless far earlier than we do at present.
9. What assessment he has made of the effect of the outcome of the EU referendum on house building.
The need for new homes continues, as does our commitment to delivering 1 million of them by 2020. We are keeping markets under review, and my right hon. Friend the Secretary of State and I will meet the major house builders this week.
I congratulate the Minister on his appointment. Uncertainty breeds uncertainty, and the problems faced before and after the referendum have resulted in the market value of many building companies falling by as much as 40% because of uncertainty about the future. I welcome the meeting that he is going to have this week with building companies. Will he agree to report back early to this House on what steps we can take to secure confidence on new build in the housing market?
I am certainly happy to undertake to do that. I have two points to make. First, the right hon. Gentleman will have seen the steps that the Bank of England has taken to reassure markets following the referendum. Secondly, I draw his attention to a statement by Peter Andrew, the deputy chairman of the Home Builders Federation, who said on 5 July:
“House builders remain confident in the underlying level of demand for housing and will continue to deliver the homes the country needs.”