Lord Elton
Main Page: Lord Elton (Conservative - Excepted Hereditary)My Lords, I think it is up to local authorities to decide what types of tenure they provide for the people who live in their localities.
My Lords, I understand that developers have a very large amount of buildable-on land held, as it were, in a land bank and awaiting changes in the economic climate. What consideration is given by the Government to bringing pressure to bear and getting this land released so that the price of housing goes down?
My Lords, the problem of land banking and not building on land that has permission is very serious and, yes, the Government are putting on pressure to get those starts moving.