Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Harriett Baldwin Excerpts
Tuesday 14th May 2013

(11 years ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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The hon. Lady will know that housing completions are 19% above the trough of 2010, numbers of housing starts are 58% above the trough of 2009, and she should welcome that improvement. In the Budget, we announced a £5 billion package to help the construction sector through the Help to Buy shared equity scheme, which will support the construction of 76,000 properties, as well as a massive expansion of the Build to Rent programme. It is staggering that the hon. Lady cannot bring herself to welcome those measures.

Harriett Baldwin Portrait Harriett Baldwin (West Worcestershire) (Con)
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Will the Minister welcome today’s figures showing that the number of first-time buyers increased by 20% this month? Will he also welcome the fact that the Department for Communities and Local Government has shown that 37,000 new homes for social rent were built last year, which is a record since 1997?

Danny Alexander Portrait Danny Alexander
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I welcome those figures. They suggest that the policies being pursued by this Government are having the desired effect.