Oral Answers to Questions Debate
Full Debate: Read Full DebateVince Cable
Main Page: Vince Cable (Liberal Democrat - Twickenham)Department Debates - View all Vince Cable's debates with the Ministry of Housing, Communities and Local Government
(5 years, 11 months ago)
Commons ChamberYes, firmly in Cornwall. The national planning policy framework is about empowering some of those local decisions and choices, in Cornwall and elsewhere. I am continuing to discuss how we can have that additionality—that positive benefit that we can unlock from our national environment through our planning work—with colleagues at DEFRA and others across Government.
The Government’s Help to Buy scheme has undoubtedly helped many families on to the housing ladder, but it has also driven many other families off it by pushing up the market price. How do the Government respond to research that suggests that the net impact is at best neutral and probably negative?
No, through our schemes more than half a million households have been helped into home ownership through Help to Buy and right to buy. The number of first-time buyers rose 82% between 2010 and 2017, and we have seen the first sustained rise in home ownership among 25 to 34-year-olds in 30 years. That is a positive step forward, although we know there is more to do. It is through initiatives such as Help to Buy that we are making that difference.