Housing and Planning Bill
Debate between James Cartlidge and Brandon Lewis
James Cartlidge (South Suffolk) (Con)
On the question of affordability and starter homes, the hon. Member for Hornsey and Wood Green (Catherine West) mentioned the average deposit in London. However, a very big cash cost for any first-time buyer—or indeed any buyer—is stamp duty. Can the Minister confirm that the stamp duty payable on a starter home would apply to the discounted price and would therefore also be 20% lower?
Brandon Lewis
My hon. Friend makes a very good point. The stamp duty will apply to the price paid for the property, so it will apply to that reduced price. That will provide a further benefit for people buying a new home.
We are absolutely determined to deliver the number of starter homes that we promised, in order to help first-time buyers, who were the worst-hit part of the homebuying sector in Labour’s great recession. However, in passing Lords amendments 8 and 9, the other place is seeking to stop us. This House should not stand for that. Those amendments would remove from the Bill the power to set a national starter homes requirement on housing sites. The other place has proposed to replace that power with a locally set requirement that would be effective only when local authorities had completed studies of local housing need and viability.
Housing: Long-term Plan
Debate between James Cartlidge and Brandon Lewis(8 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text
James Cartlidge
The former Deputy Prime Minister has extolled the virtues of Help to Buy, which is fine, but there is absolutely nothing to stop someone, after purchasing a Help to Buy home, renting it out should their circumstances change, which would be the same for anyone buying on the open market.
Brandon Lewis
My hon. Friend highlights an important point. What the hon. Member for Westmorland and Lonsdale seems to be asking for with the right to buy and, to an extent, in the arguments that he made about starter homes, is second-class ownership, and I do not support that. If someone owns their home they should have the same rights as anyone else. It is sometimes tiresome to hear people who own their home explain why we should not let someone else have the chance to do so. The Housing and Planning Bill is part of our work to drive up the housing supply and home ownership, and it will give house builders and local decision makers the tools and confidence to deliver more homes.
Housing
Debate between James Cartlidge and Brandon Lewis
Brandon Lewis
To be fair to the right hon. Member for Wentworth and Dearne, he quoted me spot on in his opening remarks. It is absolutely still our ambition to build 1 million homes. We need to be ambitious about building new homes, but this is not solely about the number of new homes. We are determined not just to halt but to reverse the slide in home ownership that the Labour party oversaw. With so many people being kept off the housing ladder for so long, we are determined to deliver on our promises quickly.
James Cartlidge (South Suffolk) (Con)
On the measures to increase home ownership, which contrast with the inaction from the Labour party, is not one of the most radical measures we have introduced to support first-time buyers the levelling of the playing field between them and the people who wish to buy property to rent out to those same frustrated first-time buyers?
Brandon Lewis
My hon. Friend makes a very good point—one he has raised a number of times in the House. I am pleased we are able to move forward and deliver on something that will, as he rightly says, level the playing field.