PARLIAMENTARY WRITTEN QUESTION
(12 December 2024)

To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential implications for her policies of paragraph 2.45 of the Office for Budget Responsibility's report entitled Economic and fiscal outlook – October 2024, published on 30 October 2024.

Asked by:
Mr Andrew Snowden (Conservative)

The Office for Budget Responsibility October Economic and Fiscal outlook based their forecast on the existing policy environment, and did not take account of the impact of policies that we have announced.

The Plan for Change published on 5 December 2024 set out our commitment to the ambitious milestone of building 1.5 million safe and decent homes in England this parliament.

The revised National Planning Policy Framework published on 12 December includes policies designed to support increased build out rates, including the promotion of mixed tenure development.

Our New Homes Accelerator aims to unblock and accelerate the delivery of large-scale housing developments that have for various reasons become delayed, or which are not progressing as quickly as they could be.

In addition to increasing the supply of homes of all tenures, we have committed to introducing a permanent, comprehensive mortgage guarantee scheme and to giving first-time buyers the first chance to buy homes.

We will continue to consider a range of evidence in delivering this, including OBR work, and will set out a full suite of policy measures next year when we publish our long-term housing strategy.

Answered by:
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1 January 1970