Housing Associations: Right to Buy Debate
Full Debate: Read Full DebateDepartment: Leader of the House
Lord Best
Main Page: Lord Best (Crossbench - Life peer)Department Debates - View all Lord Best's debates with the Leader of the House
(9 years, 6 months ago)
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Baroness Williams of Trafford
My Lords, this is not about seizing the assets of housing associations. The right to acquire currently operates on the basis that receipts from homes sold enable housing associations to reinvest in new affordable housing.
Lord Best (CB)
My Lords, in carrying out the consultation that she has mentioned, would the Minister include the Institute for Fiscal Studies, along with commentators in the Economist, the Telegraph, the Times and the Financial Times, which have all pointed out the very grave consequences if this unfortunate policy is pursued?
Baroness Williams of Trafford
My Lords, the Government, and in particular my honourable friend in the other place, the Minister, Brandon Lewis, are already leading the engagement with the sector on our housing commitments, as set out in our manifesto, and are happy to meet Members of this House and others.