Engagements

Part of Prime Minister – in the House of Commons on 7th October 2020.

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Photo of Boris Johnson Boris Johnson The Prime Minister, Leader of the Conservative Party

There is abundant brownfield space across the whole UK, and I speak as someone who used to be the planning authority for London, and I know whereof I speak. The opportunity is there. In many cases, the restrictions are caused by cumbersome planning procedures, but they are also caused by the inability of young people to get the mortgages that they want to buy the homes that they want. That is why we are bringing forward fixed-rate mortgages for 95% of the value of a property to help young people on to the property ladder. We are going to turn generation rent into generation buy.