Housing: Rent Debate

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Department: Wales Office
Tuesday 10th July 2018

(6 years, 5 months ago)

Lords Chamber
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Lord Bourne of Aberystwyth Portrait Lord Bourne of Aberystwyth
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The noble Lord is absolutely right to draw attention to that commitment. It is still a commitment and announcements will be made shortly about the way forward in relation to council housing. Although there is clearly more to do, I remind him that our record compares very favourably with those of Governments before 2010—but, yes, we are still very much committed to that policy.

Lord Naseby Portrait Lord Naseby (Con)
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My Lords, as many local authorities around the country are socialist or Labour controlled, would it not be more helpful if the Opposition were to actively promote the idea of local authorities coming forward enthusiastically with bids now that money is available?

Lord Bourne of Aberystwyth Portrait Lord Bourne of Aberystwyth
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My Lords, that would certainly be helpful, and I am sure that the noble Lord opposite has heard that plea. We have announced £1 billion in the housing revenue account and the borrowing cap for bids is being lifted. The account is now open, and bids can be made until, I think, 7 September—certainly until the first week of September.