Affordable Rural Housing

Rachel Taylor Excerpts
Tuesday 25th February 2025

(1 day, 20 hours ago)

Westminster Hall
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Olivia Bailey Portrait Olivia Bailey
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I am delighted that the hon. Member has had an opportunity to congratulate her council, and I thank her for her intervention.

With a lack of supply come skyrocketing house prices. In the five years to 2022, house prices in the countryside increased at close to twice the rate of those in urban areas. We need only look at the nine houses currently for sale in Upper Basildon in my constituency: four are on the market for more than £1.25 million and only one at under half a million pounds. Across the villages in my constituency, there are very few properties available for private rent, and the small number that are available are simply unaffordable for many.

Rachel Taylor Portrait Rachel Taylor (North Warwickshire and Bedworth) (Lab)
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It is a pleasure to serve under your chairmanship again, Mr Twigg. In North Warwickshire, private rents grew to an average of £898 in January this year—an increase of 11% from the previous year. Young people are prevented from starting their careers in North Warwickshire because those rent increases are unaffordable, and many of my young constituents are having to move away because of the lack of affordable housing. Does my hon. Friend agree that increased rental costs and a lack of social housing in rural areas prevent local economic growth and pose insurmountable challenges for young families in our rural areas?

Olivia Bailey Portrait Olivia Bailey
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I agree wholeheartedly with my hon. Friend. Simply put, these costs price people out of the community. One constituent in Bradfield shared her story with me. Her daughter would love to be able to stay in the village that she grew up in, but there are no affordable houses that are the right size for her young family. Eventually, she is likely to have to move away—a story repeated across my constituency.

Without affordable housing, schools close because there are not enough children to fill a class; pubs shut their doors because there are not enough punters to buy pints; and services for the elderly stop operating because there is nobody to volunteer. We simply cannot have a community without people, and those people need affordable homes.

I am delighted that the Government are committed to building the housing we need and to boosting home ownership, providing over £5 billion total housing investment in 2025-26 and a £500 million top-up to the affordable homes programme, and building an ambitious 1.5 million homes with the infrastructure that they need. I am also pleased that the Government are paying particular attention to housing in rural communities, giving local authorities flexible but ambitious targets for affordable housing development, recognising the value of rural exception sites and community-led development, and committing to look at how national policy can promote affordable rural housing.