Oral Answers to Questions
Debate between Nigel Adams and Grant Shapps
Grant Shapps
My hon. Friend is absolutely right to point to the scale of the problem, which is enormous, perhaps a multi-billion pound per annum scandal, and this Government are absolutely determined to crack down on it. I introduced a consultation on sub-letting, stating that our preferred option is to criminalise the activity. We intend to do exactly what is outlined in the consultation and, in doing so, to end the scandal that means that such homes do not go to the people who rightly need them.
Nigel Adams (Selby and Ainsty) (Con)
21. What guidance his Department has issued to the Planning Inspectorate on planning appeals concerning onshore wind farms.
Housing Reform
Debate between Nigel Adams and Grant Shapps
Grant Shapps
As with the general affordable rent programme, what will typically happen is that people will be brought out of the private rented sector and into the affordable rent sector. Rather than paying 100% rent, people will be paying affordable rent, which in London, for example, is just 65%. That does indeed keep the pressure on housing benefit down.
Nigel Adams (Selby and Ainsty) (Con)
Will the Minister explain at exactly what stage the taxpayer will become liable under the mortgage indemnity scheme should there be a default on a mortgage?
Grant Shapps
Yes, I certainly can tell the House a little more about the mortgage indemnity scheme. It has principally been worked up by the Council of Mortgage Lenders and the Home Builders Federation. They had hoped to produce it on their own, without Government backing, but that was not possible.
First, the home buyer will put down a deposit of at least 5%. That is the first chunk. Secondly, the home builder will put money into an indemnity fund. It will stay there for seven years, and they will not be able to touch it. They will get it back after that period. Only after those two mechanisms have failed will the Government step in to back the mortgage. Lenders will pay a fee to be part of the scheme as well, so overall we believe it will be excellent value for money for the taxpayer.
Oral Answers to Questions
Debate between Nigel Adams and Grant Shapps(13 years, 12 months ago)
Commons ChamberRead Full debate Read Hansard Text
The Minister for Housing and Local Government (Grant Shapps)
The hon. Gentleman raises an interesting point, because people often say that more homes cannot be built in a city, so perhaps the new homes bonus will not operate there. Interestingly, however, when I go to some of the most crowded places, such as Kensington and Chelsea or Westminster, I am told that even those areas have space to build and will benefit greatly from the bonus. I recommend that his local authority looks for some of the space it has and gets building.
Nigel Adams (Selby and Ainsty) (Con)
T5. Will the Secretary of State inform the House what guidance there will be following the proposed revocation of planning circular 04/07 to inform local authorities such as mine in Selby about planning permission for travelling show people or others wishing to develop land for use as a permanent site for travelling show people?