Mike Freer
Main Page: Mike Freer (Conservative - Finchley and Golders Green)It is really no good not having a plan and then criticising the Government when they come up with a serious plan to rescue this country and this economy from the rocks that we were surely headed towards when the right hon. Lady was on the Government Benches. We have set out our plans in great detail, and we look forward to Her Majesty’s Opposition getting round to setting out some of theirs.
3. What plans he has to introduce incentives to encourage the building of new homes.
I am pleased to announce that the new homes bonus will commence in April 2011, which means that local authorities that grant planning permission now will benefit from it next year. I can also announce that the bonus will last a total of six years, facilitating the building of many more homes in every area of the country.
I thank the Minister for that answer. Will he also explain how the new affordable rent scheme will encourage development?
Absolutely. Until now there has been only one way to get into social housing, and for most people that way has not led to their getting a social home. That is why housing waiting lists doubled under the last Government from 1 million to nearly 2 million. There was only a single offer, and not enough homes were being built. We have introduced affordable rent, which means that rents can be up to 80% of the market rent. That is a more viable option, and it means that less money can produce more homes and that new investment will go into providing homes for the most needy in society, who were so badly let down by a Government who produced only a 14,000 net gain in affordable homes during a 13-year period in office.[Official Report, 27 October 2010, Vol. 517, c. 5MC.]