Unless the right hon. Gentleman is accusing local authorities of being misleading in the paperwork they return, the new homes bonus must surely be, through the council tax base form, the single most accurate way of knowing how many new dwellings there are in this country. I know that he insists that it is something to do with D to H band homes being deregistered and then reregistered as smaller homes, so I have checked the figures and can tell him that they have been falling; the number of deregistrations has gone from 19,000 to 16,000 to 15,000-plus in each of the past three years, categorically disproving his theory once and for all.
17. What plans he has to promote the right to buy for tenants of social housing.
I have today announced that we will increase the maximum right-to-buy discount cap for tenants to £75,000 across England from 2 April this year, subject to parliamentary approval. The Government are on the side of those who aspire to own their own homes.
The previous shadow Secretary of State slammed home ownership as “the English disease”, which is probably one of the reasons right-to-buy sales fell significantly under the previous Government. Does my right hon. Friend agree that home ownership, whether stimulated by the NewBuy guarantee or the right to buy, is not a disease but something that fosters pride and aspiration in our communities?
My hon. Friend is absolutely right to explain that the right to buy was savagely cut under the previous Administration, to the point where very few sales went through each year. Today, the coalition Government are reinvigorating and rebooting the right to buy, which will now help up to 100,000 people purchase their own home, with discounts of up to £75,000, and with the money being used to replace those sold with new homes on a one-for-one basis. That, together with the NewBuy guarantee, will ensure that a further 100,000 people will be able to buy their own home. We are on the side of aspirant people who wish to buy the roof over their heads.