Minister of state for housing and planning Brandon Lewis has
revealed government plans for three new deals that will deliver a total of
4,000 new homes in London.
“We need more homes in London: no-one can dispute that,” said
Lewis speaking at the London Real Estate Forum in Berkeley Square this morning.
He added that 1,000 of the homes would be build-to-rent properties, and said
this was the first time the government was investing directly in the private
rental sector.
The minister also rejected claims that the coalition government’s
Help to Buy scheme for first-time buyers had had a detrimental effect on
housing supply. “It has given access to the market to people that otherwise
would simply not have it”, he said.
Lewis backed the mayor of London Boris Johnson, who he said had
delivered 94,000 of the 100,000 new homes he said he would when he arrived in
office in 2010. “We will continue to fund and support the mayor to deliver the
homes London needs to maintain its status as a superior city,” he said.
He also spoke of the need to regenerate and rebuild London’s
inner-city estates, in which he said the government would invest £150m. Lewis
spoke of the Packington estate in Islington and City Mills in Hackney as
examples of successful developments.