Housing: New Homes

Lord Young of Cookham Excerpts
Tuesday 8th September 2020

(3 years, 7 months ago)

Lords Chamber
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Lord Greenhalgh Portrait Lord Greenhalgh (Con)
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I point out a number of measures. Obviously, the investment in affordable homes of £11.5 billion that I just announced is the largest investment in affordable housing in over a decade. In addition, the removal of the borrowing cap enables housing to be built. Councils have built 10 times more council housing in the last decade than in the previous one.

Lord Young of Cookham Portrait Lord Young of Cookham (Con)
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My Lords, I welcome the Government’s commitment to drive up the construction of much-needed new homes but, with social distancing on building sites, the loss of many skilled construction workers as they return to Europe and the vagaries of the British weather, is the case not stronger now for investing in modular off-site construction, with higher safety standards, higher quality standards and improved productivity? What steps are the Government taking to increase these new methods of building the homes that we need?

Lord Greenhalgh Portrait Lord Greenhalgh (Con)
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My Lords, my noble friend is right in highlighting the importance of boosting the use of modern methods of construction, and we are helping to create a pipeline of opportunities to give confidence to the sector and investors. We are providing financial support for the sector through our £4.5 billion home building fund, and a further £450 million was announced for the home building fund this summer in response to the coronavirus crisis.