Housing White Paper: 7th February 2017

Anna Soubry (Broxtowe) (Con)
Conservative-run Broxtowe Borough Council is doing everything it can to defend our green belt, but that is very difficult because the previous Labour-Lib Dem administration approved a plan for thousands of houses on our green belt. But the biggest problem the council has is that many small builders are having real problems getting access to finance, particularly because of the risk weighting. What steps is my right hon. Friend taking to make sure that small and medium-sized builders have better access to financing, so that, when we can, we build those new homes?

Sajid Javid
My right hon. Friend makes a very good point. I have talked about the importance of having more small builders. With finance, one particular way that we are helping is through the new home building fund, launched in September with £3 billion of funding, ​much of it available to the small and medium-sized house building sector. There are also a number of other measures beyond finance in the White Paper to help that sector, and I know that when my right hon. Friend sees them, she will welcome them.