Mark Prisk
Main Page: Mark Prisk (Conservative - Hertford and Stortford)(10 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text
Kris Hopkins
The Mayor of London is absolutely committed to building an affordable base, which is why this Government have supported his strategy to build more affordable housing with a £1.1 billion grant, which will deliver some 32,000 houses. Before the hon. Lady chucks stones, she should be aware that the number of affordable houses dropped by 427,000 from the start of Labour’s term in government to when it finished. Labour let down the people of this great city, not this Government.
Mr Mark Prisk (Hertford and Stortford) (Con)
Alongside a tenants charter, which has been referred to, the key to rents and indeed the private rented sector must surely be institutional investment for the long term. What progress is being made with the Build to Rent fund, to which the Minister alluded? How many schemes will it unlock, and let us contrast that with the paucity of action that we saw under the previous Government?
Kris Hopkins
I applaud the work that my hon. Friend did during his time in this position. The Build to Rent programme has been oversubscribed. The first round is some £200 million. Those houses are now beginning to come out of the ground. There are projects in Southampton and Manchester. As a northern MP, I know that the area will appreciate the development of some 100 new properties. Bids have now been received for phase 2. Applications worth more than £2 billion have been made. We are looking forward to announcing the results of that round in the spring. I am talking not about promises to deliver more housing, but about real tangible housing coming out of the ground as a consequence of this Government’s intervention.