Kevan Jones
Main Page: Kevan Jones (Labour - North Durham)Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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Brandon Lewis
Yes, I am happy to reassure the hon. Gentleman that we will continue to look at leasehold reform and to ensure that protections are there for leaseholders in the future.
Mr Kevan Jones (North Durham) (Lab)
In my constituency, Cestria Community Housing and Derwentside Homes have been building new homes both for rent and for sale. The things that have skewed their business plans have been the cap on rents and this right-to-buy proposal. Would it not be easier if the Government were to underwrite some of the borrowings of those housing associations that want to build, such as the two that I have just mentioned?
Brandon Lewis
Obviously, rent changes are going through the House at the moment, but this right-to-buy scheme helps housing associations build more homes. It gives them access to more finance and a greater realisation of their assets, and I support that. With regard to the rent changes, bearing in mind the savings that are going on right across the public sector, looking for efficiencies of 1% a year from housing associations is not unreasonable. Many housing associations are embracing that idea.