Foreign-Owned Uk Property

Part of the debate – in the House of Commons at 5:19 pm on 20th June 2013.

Alert me about debates like this

Photo of Simon Hughes Simon Hughes Deputy Leader, Liberal Democrats 5:19 pm, 20th June 2013

I will be brief, because I know the Minister has other things to say. A report that is about to be published will show that, sadly, the figure given by Tony Pidgley of a third is much lower in reality, both in London and across the UK. Although that may be the theoretical quota, in my borough the figure is much lower and I fear that nothing like that is being delivered, because, to be blunt, companies get more money out of having fewer affordable homes.