Matthew Pennycook

Matthew Pennycook

Labour — Greenwich and Woolwich

Speaking in the House of Commons on 12 December 2024

Debate

Building Homes

Contribution

The hon. Gentleman makes a somewhat cryptic statement. Perhaps the point he is driving at is related to golden rules. One of the changes we have made that puts pragmatism above purity is dropping the straight 50% requirement across the country, and looking at how we can get more locally sensitive rates by putting in place a 15 percentage point premium on local affordable housing targets. In the round, we think that will provide more certainty and maximise the delivery of homes coming through that route.

More from Matthew Pennycook

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Matthew Pennycook's full parliamentary record including voting history, expenses and all other contributions, see the Matthew Pennycook report card.