Lord Stoneham of Droxford (LD)

My Lords, I intervene briefly to say that the regeneration of some of our social estates is a high priority. The last Labour Government spent a lot of money regenerating city centres. I hope that, if they have long enough, this Labour Government will give a similar high priority to the regeneration of some of our social estates. It has not been easy, and more difficult in some respects, given the right to buy. As the noble Baroness, Lady O’Neill, said, regeneration takes a long time— 10 or 20 years—so it is difficult to see easy or quick returns, and resources are a huge problem. To achieve the regeneration of these estates, often you need partnerships, not just the local authority but housing associations and private developers. There is obviously an important role for mayors in this as well as we progress. The main experience that I have had is of the Rowner estate, in Gosport, which was a Royal Naval estate. It was in huge dereliction after the Navy left its responsibilities. The regeneration of that estate has taken 30 years, with a genuine partnership that involved quite difficult decisions, such as the decision that to regenerate it would require it to be turned into an estate that was one-third owner-occupied, one-third private rented and one-third social housing. The transformation has been remarkable. There are many estates up and down our land that are neglected and need an initiative from the Government. In the rush to get high numbers of new houses, we must not forget the regeneration of our older estates.