Oral Answers to Questions

Debate between Giles Watling and James Brokenshire

Monday 17th June 2019 Commons Chamber

[Giles Watling (Clacton) (Con)]

1. What steps he is taking to help young people get on the housing ladder.

[The Secretary of State for Housing, Communities and Local Government (James Brokenshire)]

Since 2010, more than half a million people have been helped into home ownership through Government-backed schemes, including Help to Buy and the right to buy. The recent independent evaluation of the Help to Buy equity loan scheme found that 63% of first-time buyers using it were under 35.

[Giles Watling]

While the lifting of the housing revenue account cap is welcome and will deliver more council-built homes, which will be used to meet the long-standing demand for council housing across the country, we need more private homes. What more can the Government do to help the delivery of that private housing, which will bring prices down and increase the availability for young people?

[James Brokenshire]

My hon. Friend has made an important point about the housing revenue account cap and our desire to see more council homes built, but he is right to say that we also want to see a general increase in housing supply. Last year’s figures show that more than 222,000 homes were delivered, the highest number for a decade. As my hon. Friend says, there is more to do, but I should emphasise to him that the number of first-time buyers is at an 11-year high.

Budget Resolutions

Debate between Giles Watling and James Brokenshire

1st reading: House of Commons
Thursday 1st November 2018 Commons Chamber

[James Brokenshire]

I am sorry if the hon. Lady does not recognise the important steps that are being taken in the Budget, including allowing councils to borrow in order to invest in new housing growth, our commitment to our affordable homes programme and our long-term deals with housing associations, all of which are making a difference.

[Giles Watling (Clacton) (Con)]

My right hon. Friend will be aware that we are attempting to build three new garden communities across north Essex. That will necessitate building the infrastructure to go with them. What is he doing to assist us in that endeavour, which will of course supply some of the houses that are needed in north Essex?

[James Brokenshire]

I very much welcome the authorities that are coming forward with ideas for garden towns and villages, which will be an important part of the vision of a home becoming a reality for more people and of meeting our intent to provide 300,000 new homes per year. I would point my hon. Friend to the housing infrastructure fund, which is focused on delivering the infrastructure and support that allows housing growth to take place. It is important to recognise the additional support that the Chancellor has provided for that initiative in the Budget.

Councils and housing associations undoubtedly have a lot to contribute when it comes to helping us to build more homes more quickly, as do our small and medium-sized builders, which is why Monday’s Budget bolstered continuing efforts to support their revival and market diversification with £1 billion of new guarantees implemented by the British Business Bank. I am grateful to my right hon. Friend the Member for West Dorset (Sir Oliver Letwin) for his review of the vital issue of build-out rates, which was published on Monday. He has not found evidence to suggest that our large house builders are engaged in speculative land banking, but he recommends reforms to the planning system on very large strategic housing sites. I look forward to studying his report in more detail, and I will respond more fully in the new year.

Whether through further reforms to planning or securing the future of Help to Buy, we are helping families, communities, buyers and renters in the private and social sectors, both now and in the long term, and in the process we are changing lives. As I have said before, this is not just about building more homes; it is about building stronger communities. Those communities need to know that the right infrastructure, transport links and other essential services are in place to support new developments. It was therefore great to see the Budget boosting the housing infrastructure fund by £500 million, bringing the total funding to £5.5 billion and potentially helping to unlock 650,000 homes. It was also great to see the Budget providing £291 million of grant funding for vital infrastructure on the docklands light railway in east London, which will ease pressure on existing services in the area and generate more than 18,000 homes.