Building Homes
Rebecca Paul Excerpts(6 days, 14 hours ago)
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Matthew Pennycook
My hon. Friend is absolutely right. Contrary to the crowing by the hon. Member for Thirsk and Malton (Kevin Hollinrake) about the Opposition’s record on home ownership, the rates are stagnant and they are particularly bad for the younger generation. We have a generation locked out of home ownership. We are taking action in that area, not least through our plans to take forward a comprehensive and permanent mortgage guarantee scheme. One of the largest contributory factors, although not the only one, at the heart of why housing is unaffordable, is our failure over many decades to build enough homes of all tenures. Going forward, the framework will support our target of 1.5 million new homes.
Rebecca Paul (Reigate) (Con)
The Government have announced that housing targets for Reigate and Banstead will increase significantly. We will move from an advisory target of 644 houses per year to a mandatory and completely unrealistic target of 1,264—a 96% increase. A large proportion of my constituency is green belt. If all areas must play their part in building the homes we need, why is the Minister reducing housing targets for London and other urban areas, while increasing them in rural areas like mine?
Matthew Pennycook
I have made clear the point on urban areas and how the 20% increase across the board means we are asking more of all parts of the country. I say gently to the hon. Lady that she speaks as if there are no housing pressures in her constituency. People want homes in her constituency to rent or to buy as much as in any other part of the country. Yes, the targets are stretching but they are achievable, either through brownfield development from the release of low-quality grey-belt land within the green belt, or through cross-boundary strategic planning.