Lord Barwell
Main Page: Lord Barwell (Conservative - Life peer)(11 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text
Mr Prisk
I have some respect for the right hon. Gentleman, but the reality is that we saw half a million social homes lost under the last Labour Government and the lowest rate of house building in peacetime since the 1920s. The responsibility rests with those on the Opposition Benches.
Gavin Barwell (Croydon Central) (Con)
My local authority has significant numbers of households in bed-and-breakfast accommodation, some for more than six weeks. Is not the key to solving the problem to get our mortgage market working, both so that more people can get buy-to-let mortgages to increase supply in the private sector and so that more people can buy their own home and councils do not face competition in securing private lets?
Mr Prisk
My hon. Friend makes an eloquent point; it is about both supply and demand. If we get housing supply and demand right, that will start to deal with the huge problem we inherited. My hon. Friend is absolutely right on mortgages too. I am pleased to say that the Council of Mortgage Lenders pointed out that repossessions are at their lowest for five years.