Stamp Duty Land Tax Debate

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Department: HM Treasury

Stamp Duty Land Tax

Tom Brake Excerpts
Thursday 26th April 2018

(6 years ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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My hon. Friend is right to mention smaller builders, and we recognise the importance of ensuring that finance is available to them. They play a key role in providing new housing, and I confirm that the £630 million announced in the Budget for the small-site infrastructure fund will be going ahead, as will measures that we have taken to support bank lending specifically to smaller builders.

Tom Brake Portrait Tom Brake (Carshalton and Wallington) (LD)
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If the Government are serious about boosting housing provision, will the Minister join me in congratulating councils such as Sutton Council, which is building council homes for the first time in 30 years? What more can the Minister do to support it to provide homes that are genuinely affordable?

Mel Stride Portrait Mel Stride
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I have already, at length, gone through the various measures we have taken to support increased housing supply. Given that I have been urged to stray towards brevity rather than to respond at length, I will leave it there, other than to say that we will have our foot firmly to the floor. When it comes to council housing, we have of course built twice as much since 2010 than the Labour Government built during their 13 years in office.