Oral Answers to Questions

James Gray Excerpts

Monday 6th June 2016 Commons Chamber

[Brandon Lewis]

I draw the hon. Lady’s attention to the comments of my right hon. Friend the Secretary of State a few moments ago. In this country, first-time buyers pay £181,000 on average for a new home, so, with a 20% discount and a 5% deposit, her figures do not quite add up. Given that 86% of our population want the chance to own their own home and that first-time buyers are the generation worst hit by Labour’s recession in terms of housing, I am proud that we have doubled the number of first-time buyers. We want to deliver 1 million during this Parliament, and the starter homes initiative is just part of the solution.

[Mr James Gray (North Wiltshire) (Con)]

As the Minister says, 86% of the population want to own their own home. Surely the term “affordable home” should now be expanded to include low-cost home ownership, including schemes such as the excellent Wiltshire Rural Housing Association, which has a variety of shared equity schemes. Surely those homes should also be affordable, as well as homes for rent.