Private Rented Sector

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 3:14 pm on 25th June 2014.

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Photo of Jack Dromey Jack Dromey Shadow Minister (Home Affairs) 3:14 pm, 25th June 2014

My hon. Friend made a very compelling point about the banks not lending to small and medium-sized builders. Does she share my concern that two thirds of homes used to be built by small and medium-sized builders, but that has declined to one third? That is at the heart of a chronic problem of capacity in the industry. If we are to build on the scale at which we intend to build—200,000 homes a year—their role will be key, and that includes the banks lending to them.