Parliamentary Search

Adjournment debate on Thursday, 16 July 2009, in the House of Commons, led by Phyllis Starkey. The answering member was Lord Austin of Dudley.

Housing and the Credit Crunch

Westminster Hall debate on a motion for the adjournment on housing and the credit crunch. (Relevant documents: Communities and Local Government Select Committee third report of session 2008-09 - HC 101 - and the Government response Cm 7619, and the Communities and Local Government Select Committee eighth report, Housing and the credit crunch: follow-up, HC 568.)

Secondary information

Type
Parliamentary proceeding
Reference
496 c145-92WH 
Session
2008-09
Department
Department for Communities and Local Government
Chamber / Committee
Westminster Hall
Related items
Proceeding contributions
Grant Shapps | 496 c176-7WH (Link to this contribution) For £87 million, I am not surprised that not every single person who took up the scheme has ended up...
Phyllis Starkey | 496 c177WH (Link to this contribution) I ask the hon. Gentleman to reconsider the wording. It is my understanding that the mortgage rescue ...
Show all contributions (88)
Grant Shapps | 496 c175-6WH (Link to this contribution) The Government are obsessed with the idea that they have failed miserably after 12 years to build en...
Nick Raynsford | 496 c176WH (Link to this contribution) The hon. Gentleman seems surprised that a scheme that is designed to help people through a period wh...
Baroness Teather | 496 c172-3WH (Link to this contribution) The right hon. Gentleman has in the past 10 or 15 years, but not in the past three months. If he had...
Grant Shapps | 496 c175WH (Link to this contribution) If the hon. Gentleman would be so gracious, I shall come to that. I am on only the first page of my ...
Emily Thornberry | 496 c175WH (Link to this contribution) Is not one of the problems of building new housing that people do not seem to want new housing schem...
Grant Shapps | 496 c173-5WH (Link to this contribution) I congratulate the hon. Member for Milton Keynes, South-West (Dr. Starkey), the Chairman of the Comm...
Clive Betts | 496 c175WH (Link to this contribution) In the hon. Gentleman's comments so far, we have been given a very general picture. He has said that...
Nick Raynsford | 496 c181WH (Link to this contribution) I have been waiting patiently to hear the hon. Gentleman's observations on the Homes and Communities...
Grant Shapps | 496 c181-2WH (Link to this contribution) For the sake of completeness on policies that the new Minister could adopt quickly, I shall discuss ...
Clive Betts | 496 c182WH (Link to this contribution) Does the hon. Gentleman accept that many tenants are rather pleased that the new authority is taking...
Grant Shapps | 496 c177-9WH (Link to this contribution) I certainly understand the point that the hon. Lady makes, and I know that the evidence gathered by ...
Clive Betts | 496 c179WH (Link to this contribution) I was waiting in expectation for a commitment to fund social housing. Apart from the incentive for l...
Grant Shapps | 496 c179WH (Link to this contribution) You have got to love those targets. The simple fact is that targets have not worked, so what is the ...
Emily Thornberry | 496 c180WH (Link to this contribution) Perhaps the hon. Gentleman will look at the issue differently. If the sky was to fall in and there w...
Grant Shapps | 496 c180WH (Link to this contribution) I can answer that directly and simply: the measure will be whether we have built more homes. If we d...
Phyllis Starkey | 496 c180WH (Link to this contribution) I agree with the hon. Gentleman that targets by themselves are pointless. However, in delivering the...
Grant Shapps | 496 c180-1WH (Link to this contribution) I have spent most of my time speaking about the schemes that are outlined in the Select Committee re...
Nick Raynsford | 496 c164-6WH (Link to this contribution) This is an interesting story, and it is not a new one. That scheme, which enabled people to acquire ...
Grant Shapps | 496 c164WH (Link to this contribution) The right hon. Gentleman has been most generous in taking interventions. I hear what he is saying ab...
Nick Raynsford | 496 c162-4WH (Link to this contribution) The hon. Lady will see from Hansard that my remarks showed no complacency whatever. They indicated c...
Baroness Teather | 496 c162WH (Link to this contribution) Does the right hon. Gentleman recognise that many economists have been saying that although the figu...
Emily Thornberry | 496 c167WH (Link to this contribution) What my right hon. Friend says is thought provoking. Would he be equally critical of private develop...
Nick Raynsford | 496 c167WH (Link to this contribution) The hon. Lady makes a good point. Diversity does not stop at outright ownership, shared ownership an...
Baroness Teather | 496 c166-7WH (Link to this contribution) This issue is often characterised by saying that we can achieve a sustainable mix by having homes fo...
Nick Raynsford | 496 c166WH (Link to this contribution) As my hon. Friend will recall, I stressed the importance of increasing the output of social rented h...
Emily Thornberry | 496 c166WH (Link to this contribution) I agree with my right hon. Friend. My only concern is that sometimes his remarks might be misunderst...
Emily Thornberry | 496 c168-9WH (Link to this contribution) Will the hon. Lady join me in condemning Boris Johnson for changing the mix of affordable housing in...
Baroness Teather | 496 c168WH (Link to this contribution) The report is most useful, and I congratulate the Select Committee on a timely and interesting contr...
Phyllis Starkey | 496 c169-70WH (Link to this contribution) Perhaps I can help the hon. Lady on that last point. The Committee took evidence from the Minister f...
Baroness Teather | 496 c169WH (Link to this contribution) We all want to ensure that housing is built, and that we have as much affordable housing as possible...
Nick Raynsford | 496 c167-8WH (Link to this contribution) Of course. That is the obverse side of the coin and is a consequence of what I believe was a terribl...
Baroness Teather | 496 c172WH (Link to this contribution) The right hon. Gentleman has not been in quite as many housing debates in this place as I have in th...
Speaker | 496 c170WH (Link to this contribution) Order. The Minister left with my approval.
Baroness Teather | 496 c170WH (Link to this contribution) Unfortunately, the Minister left part way through the suggestion made by the Chair of the Select Com...
Nick Raynsford | 496 c172WH (Link to this contribution) Does the hon. Lady accept that had the Government not intervened in the way in which they have done ...
Baroness Teather | 496 c170-2WH (Link to this contribution) The hon. Lady's intervention was helpful. I hope that the Government will bring forward proposals th...
Phyllis Starkey | 496 c150WH (Link to this contribution) Absolutely. Again, that points to the need for the Government to keep a close eye on how a scheme is...
Clive Betts | 496 c149-50WH (Link to this contribution) We met with the CML for a briefing this week, and several interesting points came out about the resc...
Phyllis Starkey | 496 c151WH (Link to this contribution) We have not looked at that in particular, and it is unlikely that we will have a chance to look at i...
David Drew | 496 c151WH (Link to this contribution) Has the Committee yet had a look at trying to bring in pension fund finance? My hon. Friend knows th...
Phyllis Starkey | 496 c151WH (Link to this contribution) Let me finish this thought. It seems unlikely that the kind of profits that used to be available to ...
Emily Thornberry | 496 c154-5WH (Link to this contribution) I will move on to discuss that point about the HRA. Now, however, is perhaps the time that I ought t...
Baroness Teather | 496 c154WH (Link to this contribution) I was listening to the hon. Lady's speech and I was enjoying it enormously until she got to the part...
Emily Thornberry | 496 c151-4WH (Link to this contribution) I welcome the new Minister to his post. I suspect that we shall be speaking to him on many occasions...
Clive Betts | 496 c155-60WH (Link to this contribution) I begin where the Chairman of the Committee, my hon. Friend the Member for Milton Keynes, South-West...
Nick Raynsford | 496 c160-1WH (Link to this contribution) I draw attention to the interest declared in the Register of Members' Interests. I congratulate my ...
Nick Raynsford | 496 c161-2WH (Link to this contribution) I am grateful to the hon. Gentleman for raising that, because it is a classic illustration of the th...
Grant Shapps | 496 c161WH (Link to this contribution) The right hon. Gentleman's knowledge of housing matters is supreme, except in one regard. Does he re...
Nick Raynsford | 496 c162WH (Link to this contribution) I accept that entirely. Interest rates are down, but the hon. Lady will recall that the CML's previo...
Baroness Teather | 496 c162WH (Link to this contribution) I am listening to the right hon. Gentleman's speech with interest. Will he acknowledge that the CML ...
Grant Shapps | 496 c162WH (Link to this contribution) With the exception of last year, will the right hon. Gentleman remind us of when the CML did not, in...
Nick Raynsford | 496 c162WH (Link to this contribution) I cannot give a detailed response, but I will look at the figures and will happily respond to the ho...
Phyllis Starkey | 496 c149WH (Link to this contribution) That is certainly probable. It is a matter of concern that nobody seems to know the answer one way o...
Nick Raynsford | 496 c148-9WH (Link to this contribution) Like many of us, I am sure that my hon. Friend has noted the Council of Mortgage Lenders' downward r...
Phyllis Starkey | 496 c145-8WH (Link to this contribution) In opening the debate, I want to set the report in context and draw Members' attention to the fact t...
Phyllis Starkey | 496 c190WH (Link to this contribution) I wish to concur with what Ms Walley has said. May I urge the Minister to respond to the issue that ...
Lord Austin of Dudley | 496 c190WH (Link to this contribution) I will be very brief. I was simply going to say that all of the plans that we set out before the 199...
Phyllis Starkey | 496 c190WH (Link to this contribution) That is the issue of the asset-backed security guarantee scheme and whether the Minister and his Dep...
Speaker | 496 c192WH (Link to this contribution) Does Dr. Starkey wish to reply to the debate?
Lord Austin of Dudley | 496 c190-2WH (Link to this contribution) I listened with interest to the points that my hon. Friend the Member for Sheffield, Attercliffe mad...
Phyllis Starkey | 496 c192WH (Link to this contribution) No, Ms Walley, I do not. Question put and agreed to.
Grant Shapps | 496 c188WH (Link to this contribution) The Minister is being generous in giving way. He rushed through the £1.5 billion pledge without ment...
Grant Shapps | 496 c185WH (Link to this contribution) I am intervening because the Minister seems to be trying to paint a picture that suggests that, for ...
Lord Austin of Dudley | 496 c185-8WH (Link to this contribution) I will deal with that and answer the important point that the hon. Gentleman has made, but I want to...
Lord Austin of Dudley | 496 c184-5WH (Link to this contribution) Nevertheless, it has been a fascinating debate, in which a number of Members who are acknowledged ex...
Grant Shapps | 496 c183WH (Link to this contribution) I am grateful for that intervention. I want to finish by the top of the hour, so I shall press on ex...
Lord Austin of Dudley | 496 c183-4WH (Link to this contribution) It is a great pleasure to take part in this debate under your chairmanship, Ms Walley. I know what a...
Grant Shapps | 496 c182WH (Link to this contribution) That point gives me the opportunity to put on record that I want the absolute best, A-class service ...
Emily Thornberry | 496 c182-3WH (Link to this contribution) I have done an in-depth study of the views of my constituents who have housing association landlords...
Speaker | 496 c190WH (Link to this contribution) Order. I just want to remind Members that we need to restrict the debate to the Government's respons...
Lord Austin of Dudley | 496 c190WH (Link to this contribution) When the hon. Gentleman's leader talks about being the "heir to Blair", for example, and so on—
Lord Austin of Dudley | 496 c189WH (Link to this contribution) Despite the hon. Lady's comments about when the consultation happens, I am sure that she welcomes th...
Grant Shapps | 496 c189WH (Link to this contribution) Again, this needs to go on the record. The Minister talks about the housing pledge, and the addition...
Lord Austin of Dudley | 496 c189-90WH (Link to this contribution) The extraordinary thing about this debate is that I do not understand how the hon. Gentleman expects...
Lord Austin of Dudley | 496 c188WH (Link to this contribution) We have, actually. We said that the money will come from reprioritising in my Department and elsewhe...
Lord Austin of Dudley | 496 c188-9WH (Link to this contribution) There will be a general election in less than a year, and the Opposition's proposals will come under...
Baroness Teather | 496 c189WH (Link to this contribution) I am concerned that the consultation will be published after the House rises. If there are issues in...
Subjects
Construction Council housing Credit Housing Economic situation Low incomes Mortgages Loans Private rented housing Standards Economic recession
Link
View this Parliamentary proceeding on www.publications.parliament.uk