Fiona Mactaggart
Main Page: Fiona Mactaggart (Labour - Slough)(9 years, 3 months ago)
Commons ChamberMy right hon. Friend makes a good point, and one key focus of our manifesto this year was the starter homes project. I am proud that the Government will take forward the delivery of some 200,000 starter homes for first-time buyers at a 20% discount.
But the increase in the definition of affordable homes is one reason why the Government can claim a massive increase in the building of such homes. In my constituency an affordable home requires people to be able to afford 80% of market rent, and people on average incomes cannot possibly afford that, even if they have a deposit.
For good quality homes in the rental and ownership sectors the key is an increase in supply. I am pleased that in the hon. Lady’s constituency the number of starter homes has increased by 45% since 2010, and completions are up by 100% since 2010. We must build more homes—it is a shame that the previous Labour Government did not build them and that we started in 2010 with the lowest rate of house building since about 1923, which is what Labour left.