Rents-to-Mortgages Scheme

Part of Oral Answers to Questions — Environment – in the House of Commons at 12:00 am on 12th June 1991.

Alert me about debates like this

Photo of Mr Clive Soley Mr Clive Soley , Hammersmith 12:00 am, 12th June 1991

Given that one in nine homeless families are in that position as a result of mortgage repossession, would it not be more intelligent for the Government, having created the housing crisis and lost 1.5 million tenancies from the rented sector, to introduce a mortgage rescue scheme? That has been suggested not only by the Labour party but by many housing experts outside. In doing that, should not the Government reform housing finance to make it easier for tenants not only to step up to home ownership but to step down again to renting when they find themselves in difficulties? Why does the Minister not end his desperate search for a policy, adopt our policy and use it sensibly?