Heidi Alexander
Main Page: Heidi Alexander (Labour - Swindon South)I gently point out to the hon. Gentleman that in 2010 we inherited the lowest level of building since 1923. We have been rebuilding that market, which is now back at the 2007 level. We have started building affordable homes at the fastest rate in 20 years. The latest figures we have show that, in 2013, we had the highest level of first-time buyers in the market—almost 230,000—for many years.
11. What comparative assessment he has made of the number of housing completions and demand for housing since 2010.
Since autumn 2009, 700,000 more homes have been created across England. The Government’s action to get Britain building again has played a vital role in supporting the growth of housing across the country, which has led to a sustained economic recovery.
I am grateful to the Minister for his reply, but he will be aware that demand for genuinely affordable homes massively outstrips supply. In the light of that, how does he justify the Government’s latest policy wheeze, which allows developers to offset vacant buildings on a site against the requirement to provide affordable housing? Is that not another example of his Government watering down the rules for private developers, at the expense of those on the housing waiting list?
I am actually quite proud of the Government’s record on affordable homes. In the 2011-15 spending review period, we will have put £19.5 billion of public and private money into the affordable homes programme, delivering 170,000 new affordable homes by March this year, the biggest programme of house building for about 20 years. As for the policy that the hon. Lady referred to, it has been in place for a month. We will have to review its effect and no doubt we will respond accordingly.