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106156
star this property registered interest false more like this
star this property date less than 2014-11-04more like thismore than 2014-11-04
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Oral Questions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House whether she will propose to the Procedure Committee a review of the system for tabling oral questions in the House of Lords in respect of the requirement for members to queue. more like this
star this property tabling member printed
Lord Avebury more like this
star this property uin HL2628 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-11-18more like thismore than 2014-11-18
star this property answer text <p>The process for tabling oral questions was considered in detail in the 2012-13 session. In response to concerns raised about the current “first-come-first-served” system - including a concern about the requirement to queue raised by my Noble Friend, Lady Sharples - the Procedure Committee proposed the introduction of a ballot in its place (Procedure Committee, 3rd Report, Session 2012-13). The House remitted the issue back to the Procedure Committee for further consideration (HL Deb 9 Jan 2013, cols 145-172). <br><br>That further review did not identify a clear consensus as to whether a ballot was preferred to the “first-come-first-served” system (see Procedure Committee, 5th Report, Session 2012-13; see also HL Deb 24 April 2013, cols 1406-1417). <br><br>I know that strong views persist on both sides of the argument about this issue. I will write to the Chairman of the Procedure Committee on my Noble Friend’s behalf to suggest that the matter might be discussed at a future meeting of the Procedure Committee.</p><p> </p>
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-11-18T14:34:08.47Zmore like thismore than 2014-11-18T14:34:08.47Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
1665
unstar this property label Biography information for Lord Avebury more like this
143445
star this property registered interest false more like this
star this property date less than 2014-11-07more like thismore than 2014-11-07
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Select Committee Reports more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House how many times in the last 10 years no Government response to a Lords Select Committee report was forthcoming eight months or longer after the report’s publication; and what were the subjects of the report or reports in question. more like this
star this property tabling member printed
Lord Lexden more like this
star this property uin HL2730 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-11-21more like thismore than 2014-11-21
star this property answer text <p>This information is not held centrally; it could only be obtained at disproportionate cost.</p><p> </p> more like this
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-11-21T14:44:34.197Zmore like thismore than 2014-11-21T14:44:34.197Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
4202
unstar this property label Biography information for Lord Lexden more like this
156522
star this property registered interest false more like this
star this property date less than 2014-11-19more like thismore than 2014-11-19
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Written Questions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House what steps she takes to ensure the quality of answers to parliamentary questions; and what assessment she has made of the length of time taken to provide them. more like this
star this property tabling member printed
Lord Laird more like this
star this property uin HL2945 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-12-03more like thismore than 2014-12-03
star this property answer text <p>It is the responsibility of individual ministers to decide what answers they give to Questions for Written Answer (QWAs), and they are of course accountable to the House for those answers. That direct accountability is important: that is why Ministers in this House must provide personally signed answers to members. The Ministerial Code states that <em>“It is of paramount importance that Ministers give accurate and truthful information to Parliament”.<br><br></em>As Leader of the House I have a particular responsibility to encourage Ministers and their departments to be punctual in answering written questions. My office immediately approach departments who have not responded to questions after 10 working days, and remain in contact with them until the questions are answered. At the end of this Session I will publish data on the annual performance of departments on their promptness in dealing with QWAs.</p><p> </p> more like this
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-12-03T12:49:49.887Zmore like thismore than 2014-12-03T12:49:49.887Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
2479
unstar this property label Biography information for Lord Laird more like this
226856
star this property registered interest false more like this
star this property date less than 2015-03-11more like thismore than 2015-03-11
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Treasury: Written Questions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House what discussions she has had with HM Treasury in the light of 12 of the 15 Written Questions awaiting answer on 11 March for more than the target 10 working days being to HM Treasury. more like this
star this property tabling member printed
Lord Jopling more like this
star this property uin HL5645 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-03-24more like thismore than 2015-03-24
star this property answer text <p>I take very seriously my responsibility as Leader of the House to encourage Ministers to be punctual in answering written questions. My office immediately approach departments who have not responded to questions after 10 working days, and remain in contact with them until the questions are answered. This process was followed with HM Treasury for the 12 questions that remained unanswered after 10 working days on 11 March. All of those questions have now been answered. At the end of this Session I will publish data on each department’s promptness in dealing with Questions for Written Answer to allow for proper scrutiny of their performance.</p> more like this
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2015-03-24T13:41:23.26Zmore like thismore than 2015-03-24T13:41:23.26Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
883
unstar this property label Biography information for Lord Jopling more like this
227330
star this property registered interest false more like this
star this property date remove maximum value filtermore like thismore than 2015-03-13
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Written Questions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House what guidance she issues to Departments in respect of their providing full answers to questions for written answer, particularly when failure to answer has been followed up. more like this
star this property tabling member printed
Baroness Gardner of Parkes more like this
star this property uin HL5717 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-03-24more like thismore than 2015-03-24
star this property answer text <p>As Leader of the House, I have a particular responsibility to encourage departments to be punctual in answering written questions, but the content of each answer is a matter for the minister concerned. All Ministers are accountable to the House for those answers. That direct accountability is important: that is why Ministers in this House must provide personally signed answers to members.</p><p> </p><p>To inform Ministers in answering questions put to them, the Ministerial Code says that “It is of paramount importance that Ministers give accurate and truthful information to Parliament”. It also makes clear that “Ministers should be as open as possible with Parliament and the public, refusing to provide information only when disclosure would not be in the public interest”. In addition, the longstanding rules of this House on Questions for Written Answer (rules that the House reaffirmed in agreeing to the Procedure Committee’s 5<sup>th</sup> Report of the 2014-15 Session) set out that all answers should be complete and comprehensible.</p><p> </p><p>If any member has particular concerns about a response that they have received that they consider does not adhere to these rules, I would encourage them to raise it with me directly.</p><p> </p>
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property grouped question UIN HL5810 more like this
star this property question first answered
less than 2015-03-24T13:45:04.12Zmore like thismore than 2015-03-24T13:45:04.12Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
3596
unstar this property label Biography information for Baroness Gardner of Parkes more like this
78247
star this property registered interest false more like this
star this property date less than 2014-07-15more like thismore than 2014-07-15
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Written Questions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House whether she will discourage ministers and spokespersons from answering Questions for Written Answer by referring to websites, in order to accommodate those without internet access. more like this
star this property tabling member printed
Lord Stoddart of Swindon more like this
star this property uin HL1142 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-07-29more like thismore than 2014-07-29
star this property answer text <p>On 13 May the House agreed a new set of rules to govern the content of written answers, in response to the introduction of a new electronic system for submitting them. While the digital copy of answers will be the definitive record copy, all written answers will continue to be published, and a signed copy will continue to be sent to the Peer asking the question.</p><p>These rules make clear that all answers should be complete and comprehensible, and not rely on references to external documents or webpages. They also make clear that supporting documents should be included as attachments, not hyperlinks, and referred to in the answer itself. Any attachments that are included will be available in the Library to be printed out on demand.</p><p>All of these rules will help to accommodate those without internet access. I will remind all Lords Ministers to adhere to them.</p><p> </p> more like this
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-07-29T16:24:58.6488216Zmore like thismore than 2014-07-29T16:24:58.6488216Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
950
unstar this property label Biography information for Lord Stoddart of Swindon more like this
78966
star this property registered interest false more like this
star this property date less than 2014-07-18more like thismore than 2014-07-18
star this property answering body
Leader of the House of Lords more like this
star this property answering dept id 92 more like this
unstar this property answering dept short name
star this property answering dept sort name Leader of the House of Lords more like this
star this property hansard heading Written Questions more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask the Leader of the House, further to the Written Answer by Earl Howe on 17 July (WA 144–5), whether she will discourage ministers and spokespersons from answering Written Questions by reference to websites. more like this
star this property tabling member printed
Lord Mawhinney more like this
star this property uin HL1283 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-08-04more like thismore than 2014-08-04
star this property answer text <p>I refer the noble Lord to the reply I gave to Lord Stoddart of Swindon on 29 July (WA 304).</p><p> </p> more like this
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-08-04T11:24:36.5291815Zmore like thismore than 2014-08-04T11:24:36.5291815Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
121
unstar this property label Biography information for Lord Mawhinney more like this
43315
star this property registered interest false more like this
star this property date less than 2014-03-17more like thismore than 2014-03-17
star this property answering body
Department for Communities and Local Government more like this
star this property answering dept id 7 more like this
unstar this property answering dept short name Communities and Local Government more like this
star this property answering dept sort name Communities and Local Government more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what schemes they have introduced or modified since May 2010 to encourage residential home building or purchase; and what was the approximate number of new build homes as a result of each of those schemes. more like this
star this property tabling member printed
Lord Whitty more like this
star this property uin HL6068 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-05-06more like thismore than 2014-05-06
star this property answer text <p> </p><p>The Coalition Government has put in place a range of measures to get Britain building again, fix the broken housing market and help hard-working people get the home they want.</p><p>Action taken includes wide-ranging planning reform through National Planning Policy Framework; introducing self-financing for stock holding local authorities; new incentives to deliver housing growth through the New Homes Bonus; as well as the Government's broader long-term economic plan to tackle the deficit left by the last Administration and keep interest rates down. I would note:</p><p>· We have already delivered 420,000 new homes since 2010;</p><p>· New orders in residential construction have risen to their highest level since 2007 according to the Office for National Statistics;</p><p>· Housing starts are at their highest since 2007 according to DCLG figures;</p><p>· The number of first time buyers is at its highest since 2007 according to the Council for Mortgage Lenders;</p><p>· Repossessions are at their lowest since 2007, according to the Council for Mortgage Lenders; and</p><p>· New home registrations rose by 30 per cent in 2013 in England, the highest since 2007, and are up 60 per cent in London, according to the NHBC.</p><p>In relation to specific programmes:</p><p><em>Affordable housing</em></p><p>Over 170,000 affordable homes have been delivered in England since April 2010.</p><p>Our Affordable Homes Programme will deliver 170,000 homes over the current spending review period (2011-2015) levering in £19.5 billion of public and private funding. We have announced a new ‘Affordable Rent to Buy' scheme which will deliver affordable homes through a recoverable fund. The new Affordable Homes Programme for the next spending period, will lever in up to £23 billion in public and private funding to deliver 165,000 homes from 2015 to 2018.</p><p>The Affordable Housing Guarantee Scheme is worth up to £3.5 billion (with further lending capacity held in reserve according to demand) and supported by up to £450 million grant funding in England. Up to 30,000 additional affordable homes will be underway by December 2017. Affordable Housing Finance Plc was awarded the licence for the Affordable Housing Guarantee Scheme in June 2013. The first eight housing associations to be approved to borrow through the scheme were announced in January 2014, who will raise over £400 million of debt to facilitate the delivery of over 4,000 new affordable homes. We also announced a European Investment Bank loan facility worth £500 million. More borrowers will follow.</p><p>The Right to Buy Scheme, allowing eligible social tenants to buy their homes at a discount has achieved almost 24,000 sales since April 2010, with the majority (16,200) since we reinvigorated the scheme in 2012. A total of 2,845 council properties were sold between October and December last year, a 42 per cent increase on the same period in 2012. The reinvigorated Right to Buy ensures, for the first time, that the receipts from the additional sales, that is those over what was forecast prior to the change, are reinvested in helping to fund new homes for affordable rent. So far, £300 million has been generated from additional sales and already over 2000 homes have been started on site or acquired since April 2012.</p><p><em>Self-financing for local authorities </em></p><p>In 2012 the Government reformed the council house finance system, introducing self-financing for those local authorities that still own and manage their own housing. This system of self-financing has given local authorities greater freedoms and flexibilities to manage their housing and many are now starting to use those freedoms to build new council housing.</p><p>To further increase the supply of housing locally, the Government has made available £300 million of additional Housing Revenue Account borrowing as part of the Local Growth Fund to help those authorities that need additional borrowing and want to deliver new affordable homes quickly. We are looking to local authorities, who need additional borrowing, to bid for that increase by 16 June 2014 and for schemes that would help to deliver 10,000 new affordable homes.</p><p><em>Home ownership schemes (Help to Buy)</em></p><p>Since April 2013, the Help to Buy: Equity Loan scheme has offered buyers a 20 per cent equity loan that can be used towards the cost of buying a new build homes, allowing people to buy with a 5 per cent deposit. There were over 30,000 reservations and 19,394 completed loans across England by the end of March 2014, with funding for up to 74,000 sales by March 2016. Alongside this, the Help to Buy: NewBuy scheme has also supported a further 5,173 households to purchase new build homes by the end of March 2014. The Help to Buy: Equity Loan scheme was extended through the 2014 Budget announcement to 2020 to help 120,000 more households purchase a new build home.</p><p>The FirstBuy scheme was announced in the Budget 2011 to help support 10,000 first time buyers on the property ladder. The scheme was replaced in April 2013 with Help to Buy. There were 11,522 FirstBuy sales to the end of 2013; moving forward, this is now effectively part of Help to Buy.</p><p>Since the end of last year, the Help to Buy: Mortgage Guarantee scheme is providing up to £12 billion of Government guarantees to support people to buy with a 5 per cent deposit. Over 2,500 homes have (by the end of January 2014) been bought through this route. The three Help to Buy schemes complement each other, and their success can be taken in the whole.</p><p><em>Private rented sector</em></p><p>The £1 billion Build to Rent programme, which provides development phase finance, is supporting new high quality development purpose built for private rent and is on track to create up to 10,000 new homes. The programme received £1.4 billion of bids under Round One, this round of funding is currently expected to support 15 developments which will provide nearly 2,600 homes across England in locations which presently include Durham, Liverpool, Manchester and London. Five contracts to the combined value of over £74.5 million have already been agreed which will deliver over 1,000 new homes for private rent; construction has already started in Southampton (Centenary Quay) and Manchester (Three Towers); more contracts will follow.</p><p>Bidding for Round Two of the Build to Rent Fund was significantly oversubscribed receiving 126 bids to the value of around £3 billion. 36 projects on the shortlist from Round Two are now going through a competitive due diligence process, with successful bids receiving funding to deliver thousands of new homes. A list of all shortlisted bids has been placed in the Library. The shortlist is over-programmed, meaning not all shortlisted projects will receive funding. Shortlisting and due diligence are the first stages of the Build to Rent approval process. The Homes and Communities Agency will continue to work with bidders until exchange of contracts in order to ensure value for money for taxpayers.</p><p>In addition to direct funding, the Government's Private Rented Sector Taskforce is continuing to build the private rented sector as an investment market and have identified £10 billion of domestic and foreign investment available in the private rented sector.</p><p>The Private Rented Sector Guarantees scheme will provide a government guarantee for up to £3.5 billion debt (plus an additional amount held in reserve) for borrowers investing in new build private rented sector homes across the UK. The guarantees will use the UK Government's hard earned fiscal credibility to help lower the cost of borrowing and incentivise investment in the sector. DCLG is open for business to issue direct guarantees and is actively discussing potential applications with a number of borrowers looking to invest in large scale developments. On 18 March, we also launched a procurement inviting bids from the market to be our delivery partner for Private Rented Sector Housing Debt Guarantees, with the aim of maximising take up of guarantees including for small and medium enterprises. My Department will be evaluating bids to perform the role in due course.</p><p><em>Infrastructure and development finance</em></p><p>The Get Britain Building investment fund has been provided over £500 million of finance to unlock smaller stalled sites. As at February 2014, it has helped kick start 11,893 new homes on stalled sites.</p><p>The Growing Places Fund is providing £770 million to deliver the infrastructure needed to unlock stalled schemes that will promoted economic growth, create jobs and build homes. The fund has been fully allocated to Local Enterprise Partnerships and the devolved administrations to fund local projects. Progress updates in June 2013 reported that £652 million of capital funding had been allocated to 305 projects across England. Local Enterprise Partnerships expect these projects to create 4,900 businesses, 94,000 jobs and 27,000 houses. A further update will be published in due course.</p><p>The £474 million Local Infrastructure Fund is helping to unlock large scale housing developments. To date, we have unlocked 15 sites capable of delivering almost 80,000 homes through a combination of financial and non-financial support. We are currently working to unlock a further 13 stalled schemes to deliver up to 40,000 new homes. In addition to the capital investment, we have made available £13 million of capacity funding to support local authorities in fulfilling their local housing ambitions.</p><p>The 2013 Autumn Statement also announced a further £1 billion to unlock development on large housing sites and a Prospectus inviting bids was published on 14 April. During the Easter Recess, we also published the Local Growth Fund (Housing Infrastructure) prospectus. This sets out the detail on how to access the £50 million part of the Local Growth Fund in 2015-16. It is designed to help speed up and restart housing developments between 250 and 1,499 units that have slowed down or stalled.</p><p>The 2014 Budget announced further funding for driving up housing supply including a £525 million Builders Finance Fund to provide development finance for small sites to support the construction of 15,000 new homes; the prospectus has also recently been published.</p><p>The Budget announced the intention to create an Urban Development Corporation for the Ebbsfleet area to accelerate the construction of a garden-city style development which will unlock up to 15,000 homes – with up to £200 million capital being made available. We have also published a prospectus to support further locally-led garden cities.</p><p>A new Estate Regeneration Fund of £150 million of recoverable investment will help kick start and accelerate the regeneration of some of our most deprived estates. And we will work with the Greater London Authority to support the regeneration of Brent Cross and unlock 11,000 homes at Barking Riverside.</p><p>We have also taken steps to scale back economically unrealistic Section 106 agreements, such as from the last Administration's housing bubble, which result in no housing development, no regeneration and no community benefits.</p><p><em>Self-build</em></p><p>The £30 million investment fund for Custom Build Homes is currently assessing loan funding of £22.6 million with the potential to deliver 270 homes. At the 2014 Budget, we announced that the Government will consult on a new ‘Right to Build' to give self builders a right to a plot from councils, a new £150 million investment fund to help provide up to 10,000 serviced building plots, and announced will we look to extend Help to Buy equity loan to custom builders. We have also exempted self-build from the Community Infrastructure Levy and we are consulting on a similar policy change for Section 106 tariffs.</p><p><em>Empty homes</em></p><p>This Government has provided £235 million of funding which aims to bring up to 12,000 homes back into use by March 2015.. This is part of a wider package of measures to get empty property back into productive use, in contrast to the last Administration's policy of wholesale demolition. The numbers of empty homes in England have fallen to a 10-year low, and the number of long-term vacant properties has fallen by around a third since 2009.</p><p><em>Public sector land</em></p><p>The Public Sector Land Programme has identified land with capacity for over 100,000 homes which we aim to release to the private sector by March 2015. At the end of December 2013, we had released land capable of delivering 68,000 homes to be built.</p><p>Through the Strategic Land and Property Review we have identified scope to generate £5 billion of receipts from government land and property between 2015 and 2020. This will put land and property into the hands of those who can exploit them for commercial purposes – creating opportunities for housing and economic development.</p><p>This was part of a series of measures to support brownfield development, as outlined in more detail in the answer of 3 April 2014, <em>Official Report</em>, House of Commons, Column 780W.</p><p><em>Improving the home buying process</em></p><p>To help reduce costs for buying a home, we have scrapped the last Administration's Home Information Packs which duplicated costs and were not trusted by buyers.</p><p>There is more to do, but I hope this illustrates how this Government's long-term economic plan is helping build more houses, help people move on and up the housing ladder and clean up the mess left by the last Administration.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-05-06T12:00:00.00Zmore like thismore than 2014-05-06T12:00:00.00Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
2444
unstar this property label Biography information for Lord Whitty more like this
44590
star this property registered interest false more like this
star this property date less than 2014-03-24more like thismore than 2014-03-24
star this property answering body
Department for Communities and Local Government more like this
star this property answering dept id 7 more like this
unstar this property answering dept short name Communities and Local Government more like this
star this property answering dept sort name Communities and Local Government more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made about the number of off-plan and readily available houses that are purchased by foreign investors. more like this
star this property tabling member printed
Lord Bradshaw more like this
star this property uin HL6247 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>The Department does not collect information on the number of foreign buyers of new build properties.</p><p>However, publicly available research has looked at the influence ‘international buyers' have in the new build market in London. Savills suggest of an estimated 97,000 Greater London sales in 2012 (which includes existing property), only 750 were “prime new build sales to international second home buyers”. An estimated 3,000 were for investment in lettings, and therefore available to UK residents as tenants.</p><p>(<a href="http://pdf.euro.savills.co.uk/residential---other/spot-worldlondon-lr.pdf" target="_blank">http://pdf.euro.savills.co.uk/residential---other/spot-worldlondon-lr.pdf</a>)</p><p>Knight Frank (October 2013) found that between 85 and 90 per cent of new build purchases in Greater London over the last two years went to UK residents. They note that “Our research points to the fact that the majority of demand for new-build property in London from overseas remains focussed on the relatively small and concentrated market made up of the central London postcodes.”</p><p>(<a href="http://resources.knightfrank.com/GetResearchResource.ashx?versionid=2017&amp;type=1" target="_blank">http://resources.knightfrank.com/GetResearchResource.ashx?versionid=2017&amp;type=1</a>)</p><p>I would also refer the noble Lord to my reply to him of 1 April 2014, <em>Official Report</em>, columns WA179-180.</p>
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
2483
unstar this property label Biography information for Lord Bradshaw more like this
44617
star this property registered interest false more like this
star this property date less than 2014-03-24more like thismore than 2014-03-24
star this property answering body
Department for Communities and Local Government more like this
star this property answering dept id 7 more like this
unstar this property answering dept short name Communities and Local Government more like this
star this property answering dept sort name Communities and Local Government more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what steps they are taking to encourage local authority pension schemes to take into account environmental, social and governance factors in their decisions. more like this
star this property tabling member printed
Lord Harrison more like this
star this property uin HL6274 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-03more like thismore than 2014-04-03
star this property answer text <p>These issues are matters for individual local authorities that administer pension funds to consider when deciding upon their investment strategies. Each administering authority is required to publish a statement of principles, which may address such issues. Statutory guidance states that the authority must report periodically to scheme members on the implementation of their policies.</p><p>Notwithstanding, local authorities need to focus on delivering a good rate of return for their fund and value for taxpayers, given local government pensions cost taxpayers (via employer contributions) almost £6 billion a year.</p> more like this
star this property answering member printed Baroness Stowell of Beeston remove filter
star this property question first answered
less than 2014-04-03T12:00:00.00Zmore like thismore than 2014-04-03T12:00:00.00Z
star this property answering member
4205
star this property label Biography information for Baroness Stowell of Beeston more like this
star this property tabling member
2488
unstar this property label Biography information for Lord Harrison more like this