Karen Buck
Main Page: Karen Buck (Labour - Westminster North)
Stephen Williams
No, I will not apologise at all. I am proud of the record of this coalition Government, who have a reinvigorated affordable homes programme which between 2011 and the end of this month will have delivered 170,000 extra affordable homes. This will be the first Administration since right to buy started in 1980 to leave office with more affordable rented homes in stock than when they started, which the right hon. Gentleman’s Government failed to do in three Administrations.
Ms Karen Buck (Westminster North) (Lab)
Ministers promised a 1:1 replacement for homes sold under right to buy, but in fact the replacement rate is in many cases 1:4 or worse. Why have the Government broken that promise?
Stephen Williams
Local authorities have about three years in which to spend the money and as I understand it some £730 million of proceeds have been raised under the reinvigorated right-to-buy scheme. That must all be invested in building new homes for affordable rent in the borough. The previous Government did not do that. In fact, their record was pretty appalling: for every 170 houses sold under right to buy between 1997 and 2013, only one new social home was built.