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Housing and Planning Bill

Part of the debate – in the House of Commons at 3:37 pm on 2nd November 2015.

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Photo of Nick Hurd Nick Hurd Conservative, Ruislip, Northwood and Pinner 3:37 pm, 2nd November 2015

I thank my right hon. Friend, whose line of argument I wholly support. Starter homes, to which he referred earlier, are a very good idea, but I fear that the proposed price cap of £450,000 in London could be interpreted by developers as a price guide, thereby rendering such homes unaffordable to young people and those on low and median incomes in London. What reassurance can he give me on that point?