(6 years, 7 months ago)
Commons ChamberI am surprised if the hon. Gentleman has not already done so, but he should read the housing manifesto that I launched with the Labour leader during the election campaign last year. It pledged longer tenancies, with a cap on the rent increases during that period. I shall come to the Labour plans for private renters in a minute. This debate is about differing views and very different visions of the housing problems that people face and the solutions that the country requires.
Our determination to get built the new genuinely affordable homes that are needed in this country was redoubled after the terrible Grenfell Tower fire. When the Grenfell survivors who contributed to our review say that
“tenants were victims before the fire”
and
“we’re treated as second class citizens in social housing”,
it is clear that radical, root-and-branch reform is required, so we will build more and we will build better, as the public sector has always done in housing. We will have leading-edge standards on energy efficiency and smart-tech design, so that Labour’s new affordable homes will be people’s best choice, not their last resort.
A huge majority of us in Britain aspire to buy our own home, yet the dream is currently denied to millions, especially young people facing a lifetime locked out of the housing market. We set out in our Green Paper a plan for Labour’s living rent homes, which would have rents set at no more than a third of average local household incomes and would be aimed at ordinary working families, young people and key workers—those who need to be able to save a bit for a deposit or who need a bit more to spend on the other things they need.
Labour’s low-cost home ownership home would be a new type of low-cost home, called first-buy homes. Again, they would be discounted, so that mortgage payments would be no more than a third of average local incomes. Crucially, the discount on those homes would be locked in so that it could potentially benefit not just the first first-time buyer, but future first-time buyers.
In the past, local authorities were able to handle housing crises, such as when way back in the ’60s they were building 300,000 homes a year. Having said that, local authorities also built houses for sale, helped first-time buyers and actually offered mortgages. It was the Thatcher Government who abolished that. Can we not do something about that?
My hon. Friend might be interested to read the fine detail of the Green Paper that we launched last month, because it makes the commitment to look into enabling local authorities once more to provide mortgages for local people who may find the mortgage market closed off to them.