Oral Answers to Questions

Will Stone Excerpts

Monday 9th June 2025 Commons Chamber

[Matthew Pennycook]

I must say that the shadow Minister is developing a bit of a habit here; he seems to have conflated a number of separate issues. The Government have a very clear commitment to ending the feudal leasehold system within this Parliament. That requires a wider set of reforms than switching on the powers that are already on the statute book via the 2024 Act, though we are going to do that and are doing so at pace. If he cared to look at the written ministerial statement where I set all this out in a lot of detail, he would see that we remain on track with implementing our reform agenda.

[Will Stone (Swindon North) (Lab)]

3. If she will make an assessment of the adequacy of the funding model for the repair of council housing stock.

[The Minister for Housing and Planning (Matthew Pennycook)]

The Government recognise the strain placed on housing revenue accounts as a result of changes in rent policy, inflationary pressures and increased costs associated with investing in existing stock. The principle of self-financing remains the right one, but we are committed to working with councils to overcome the pressures on their HRAs so that they can invest in new and existing stock.

[Will Stone]

Will the Minister join me in praising Swindon borough council for its fantastic vision in investing in fixing our council stock—something the previous Conservative administration failed to do for 20 years?

[Matthew Pennycook]

I certainly will. My hon. Friend is a fantastic champion for council housing and highlights that Swindon borough council is putting significant investment into its housing stock over the next five years. The Government recognise that councils, like other registered providers, need support to build their capacity. That is why we consulted last year on a new five-year social housing rent settlement and have allowed councils to keep 100% of the receipts generated by right-to-buy sales. We will set out details of further investment in the forthcoming spending review.