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1248051

registered interest
date	02/11/2020
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Housing: Construction
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answers by Lord Greenhalgh on 1 October (HL8296), 6 October (HL8828), and 28 October (HL9442), what assessment they have made of whether diversification will be sufficient to tackle developments which are currently stalled due to ‘land banking’ and ‘intentional delay’.
tabling member printed	The Lord Bishop of St Albans
uin	HL9870
answer	answer is ministerial correction date of answer 10/11/2020 answer text <p>Sir Oliver Letwin’s 2018 Review of Build Out provided a comprehensive assessment of build out of sites and recommended that a greater diversity of housing products on residential developments was a key way to overcome issues associated with low market absorption rates. Our Planning White Paper consulted on proposals to amend national policy to encourage more variety of development types by different builders, and we are now in the process of analysing the responses. We will be publishing our response in due course</p><p> </p><p> </p> answering member printed Lord Greenhalgh question first answered 10/11/2020 14:26:18 answering member 4877 label Biography information for Lord Greenhalgh
tabling member	4308 label Biography information for The Lord Bishop of St Albans

1248052

registered interest
date	02/11/2020
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Housing: Construction
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answers by Lord Greenhalgh on 1 October (HL8296), 6 October (HL8828), and 28 October (HL9442), what assessment they have made of the impact of (1) fears of negative equity on existing house purchases, and (2) house prices rising faster than wage increases, on the effectiveness of diversification.
tabling member printed	The Lord Bishop of St Albans
uin	HL9871
answer	answer is ministerial correction date of answer 16/11/2020 answer text <p>In response to Part 1: The Government has taken unprecedented measures to support consumers, businesses and the wider economy. Many homeowners will benefit from these measures.</p><p>The Government has strengthened the welfare safety-net with over £9 billion boost to the welfare system. The furlough scheme has been extended to the end of March, with employees receiving 80% of their current salary for hours not worked. The Government has also supported business during this time through the coronavirus business interruption schemes, the bounce back loans and the future fund.</p><p>This package of support also includes mortgage holidays for up to 6 months, and a moratorium on lender repossession enforcement until 31 January 2021. These measures continue to protect homeowners who have been affected by coronavirus from unaffordable costs if they cannot work due to the coronavirus pandemic. <br> <br>The Government has also taken substantial measures to support the housing market. We have introduced a stamp duty holiday, with effect until 31 March 2021, raising the threshold for paying stamp duty land tax from £125,000 to £500,000. We have kept the housing market open, with clear guidance on how to conduct home buying and selling amid Covid-19 restrictions. We have taken measures to ensure that the housing market and all associated activities can continue during the current lockdown, and the housebuilding sector, in line with the wider construction sector, will continue to operate and follow Covid-19 secure guidelines. In combination, these measures have ensured a functioning and effective housing market. There are currently high levels of transactions in the market. The provisional seasonally adjusted estimate of UK residential transactions in September 2020 is 98,010, which is very similar to September 2019 at only 0.7% lower and 21.3% higher than August 2020. <br> <br>In response to Part 2: the Government wants to see the housing market diversify over the long term, regardless of short term movements in house prices. We support community and self-builders, small and medium enterprises, and those who are building homes in innovative ways. We have put in place initiatives to diversify the market including the £2.5 billion Home Building Fund, which received a £450 million boost in June, and the £1 billion ENABLE Build guarantee scheme. In addition, we are supporting the Build to Rent sector with a £3.5 billion Guarantee Scheme, driving up standards and quality across the private rented sector. Leveraging in more private investment will help create skilled jobs and drive economic growth while our ongoing planning reforms will reduce burdens on the construction sector.</p> answering member printed Lord Greenhalgh question first answered 16/11/2020 15:17:39 answering member 4877 label Biography information for Lord Greenhalgh
tabling member	4308 label Biography information for The Lord Bishop of St Albans

1245676

registered interest
date	21/10/2020
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Housing: Construction
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answers by Lord Greenhalgh on 1 October (HL8296) and on 19 October (HL8828), what assessment they have made of the impact of tackling the practices of 'land banking' and 'intentional delay' on the market absorption rates in the housing market.
tabling member printed	The Lord Bishop of St Albans
uin	HL9442
answer	answer is ministerial correction date of answer 28/10/2020 answer text <p>Sir Oliver Letwin’s 2018 independent Review of Build Out was clear that developers will only build new homes at a rate that the market can absorb. That is why our planning white paper sets out proposals to revise national policy to encourage masterplans and design codes for substantial development sites to see a variety of development types by different builders come forward at once. This will help speed up build out by ensuring new development can appeal to a broad range of market needs. We are also exploring further options to speed up the build out of residential development as part of the implementation of the white paper.</p> answering member printed Lord Greenhalgh question first answered 28/10/2020 14:15:45 answering member 4877 label Biography information for Lord Greenhalgh
tabling member	4308 label Biography information for The Lord Bishop of St Albans

1240999

registered interest
date	06/10/2020
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Property Development
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government, further to the Written Answer by Lord Greenhalgh on 1 October (HL8296) and the White Paper Planning for the Future, published on 6 August, what assessment they have made of the reasons for low market absorption rates as the responsible factor for stalled developments.
tabling member printed	The Lord Bishop of St Albans
uin	HL8828
answer	answer is ministerial correction date of answer 19/10/2020 answer text <p>Sir Oliver Letwin's 2018 independent Review of Build Out provided a comprehensive assessment of build out rates for large residential sites which identified low market absorption rates as a key constraint. A copy of the report can be found at <a href="https://www.gov.uk/government/publications/independent-review-of-build-out-draft-analysis" target="_blank">https://www.gov.uk/government/publications/independent-review-of-build-out-draft-analysis</a>.</p> answering member printed Lord Greenhalgh question first answered 19/10/2020 16:48:39 answering member 4877 label Biography information for Lord Greenhalgh
tabling member	4308 label Biography information for The Lord Bishop of St Albans

1235852

registered interest
date	18/09/2020
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Property Development
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what plans they have (1) to prevent developments stalling, and (2) to ensure obligations to build are met in a timely manner, in their changes to planning rules.
tabling member printed	The Lord Bishop of St Albans
uin	HL8296
answer	answer is ministerial correction date of answer 01/10/2020 answer text <p>New homes should be built out as soon as possible once planning permission is granted. We are clear that where sites are stalled or experiencing delays to delivery, it is for local authorities and developers to work closely together at a local level to overcome these barriers.</p><p>To support build out through planning, we propose to make it clear in the revised National Planning Policy Framework that the masterplans and design codes for sites prepared for substantial development should seek to include a variety of development types by different builders which allow more phases to come forward together.</p><p>We will be exploring further options to support faster build out as part of our proposed planning reforms as outlined in the Planning White Paper.</p> answering member printed Lord Greenhalgh question first answered 01/10/2020 15:12:44 answering member 4877 label Biography information for Lord Greenhalgh
tabling member	4308 label Biography information for The Lord Bishop of St Albans