Oral Answers to Questions

Scott Mann Excerpts

Monday 13th January 2020 Commons Chamber

[Esther McVey]

The hon. Gentleman will be pleased to know that we are consulting on right to buy to see what we can do with the sales receipts. Let me say what this Government have done to support councils in building. We increased to £9 billion the size of the affordable homes programme to which councils can apply. We have reintroduced social rents. We have removed the HRA borrowing caps for local authorities and given £2 billion to housing authorities to help with the ability to increase purchases and build by councils. So this Government are doing far more. Under this Government, social housing has gone up by 79,000, but in the previous 13 years under Labour it fell by 420,000.

[Scott Mann (North Cornwall) (Con)]

There are currently over 20,000 people on the council housing waiting list in Cornwall, yet we are in the ridiculous situation where private pension providers can invest in business development but not in residential development. Will the Secretary of State look at making representations to the Treasury to allow pension providers to invest in social residential housing?

[Esther McVey]

My hon. Friend makes a very good suggestion. That is exactly what the Secretary of State will be looking at—how we get that investment into the housing structure. Under this Government, council housing waiting lists have come down by nearly half a million.