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To ask Her Majesty’s Government whether they propose any action to assist first-time property buyers following the publication of the English Housing Survey Headline Report 2010-11 on 9 February, showing that the level of owner-occupation in England has fallen to its lowest level since 1988.
To ask Her Majesty’s Government whether they propose any action to assist first-time property buyers following the publication of the English Housing Survey Headline Report 2010-11 on 9 February, showing that the level of owner-occupation in England has fallen to its lowest level since 1988.
This Government are committed to supporting people’s aspirations to own their own home and are sensitive to the particular challenges facing first-time buyers. That is why we are supporting initiatives that we have started such as the FirstBuy scheme, shared ownership schemes, the NewBuy guarantee scheme and the reinvigorated right to buy.
I thank the Minister for her Answer. Is she aware that around 40 per cent of people living in London and parts of the south-east between the ages of 20 and 39, whose salaries are just above the limit for social housing, are still priced out of the open market because they cannot afford to buy or to rent at existing prices? These include nurses, teachers, firefighters, police officers and others who are essential to our well-being and who need to live in the city near to their jobs. Apart from the various schemes mentioned, for which I thank the noble Baroness, is she aware of any proposed changes in the planning system that might encourage the private sector to produce some sort of solution to this problem?
I thank the Minister for her Answer. Is she aware that around 40 per cent of people living in London and parts of the south-east between the ages of 20 and 39, whose salaries are just above the limit for social housing, are still priced out of the open market because they cannot afford to buy or to rent at existing prices? These include nurses, teachers, firefighters, police officers and others who are essential to our well-being and who need to live in the city near to their jobs. Apart from the various schemes mentioned, for which I thank the noble Baroness, is she aware of any proposed changes in the planning system that might encourage the private sector to produce some sort of solution to this problem?
My Lords, the national planning policy framework, which my department introduced recently, opens up many doors to planning and housing initiatives. That will release land for house building to support both affordable housing and houses for purchase, which should begin to solve the problem raised by the noble Lord. Another issue is that some people can afford the mortgage but cannot afford the deposit. Those are two areas, and I am sure that we will hear more about both.
Company Remuneration Bill (HL). Lords presentation and first reading. (HL Bill 94 2010-12).
Company Remuneration Bill (HL). Lords presentation and first reading. (HL Bill 94 2010-12).
Companies’ Remuneration Reports Bill (HL). Lords motion that order of commitment be discharged. Agreed to on question (formal).
Companies’ Remuneration Reports Bill (HL). Lords motion that order of commitment be discharged. Agreed to on question (formal).
Companies’ Remuneration Reports Bill (HL). Second reading debate. Agreed to on question and committed to a Committee of the Whole House.
Companies’ Remuneration Reports Bill (HL). Second reading debate. Agreed to on question and committed to a Committee of the Whole House.
Companies' Remuneration Reports Bill (HL). Presentation and first reading. (HL Bill 10 2008-09).
Companies' Remuneration Reports Bill (HL). Presentation and first reading. (HL Bill 10 2008-09).
Lords statement on what progress has been made since the launch of their defence industrial policy in October 2003. [HL 5518]. - Inc fact that copies of the review in Library.
Lords statement on what progress has been made since the launch of their defence industrial policy in October 2003. [HL 5518]. - Inc fact that copies of the review in Library.
Lords statement on whether the New Millennium Experience Company shareholding has now been transferred. [HL 5133]. - Inc ref to 17 December 2002 CH 396 c41WA.
Lords statement on whether the New Millennium Experience Company shareholding has now been transferred. [HL 5133]. - Inc ref to 17 December 2002 CH 396 c41WA.
Lords Statement on When the public consultation on the possible ban on enriched cages in England will begin. [HL 5478]. - The public consultation will start on 24 July and last for three months.
Lords Statement on When the public consultation on the possible ban on enriched cages in England will begin. [HL 5478]. - The public consultation will start on 24 July and last for three months.
Lords Statement on what plans the Government have to change controls for temporary use of land under Part 4 of the Town and Country Planning (General Permitted Development) Order 1995. [HL 4973].
Lords Statement on what plans the Government have to change controls for temporary use of land under Part 4 of the Town and Country Planning (General Permitted Development) Order 1995. [HL 4973].
Lords Statement on what is the forthcoming business in the Council of the European Union for July, and what will be the major European Union events for the period between 1 July 2002. [HL 4976].
Lords Statement on what is the forthcoming business in the Council of the European Union for July, and what will be the major European Union events for the period between 1 July 2002. [HL 4976].
Introduction of Baron Gavron, of Highgate in the London Borough of Camden. (Robert Gavron, Esq CBE).
Introduction of Baron Gavron, of Highgate in the London Borough of Camden. (Robert Gavron, Esq CBE).