Can I take the Minister back to the previous debate, where we were talking about the cost of mortgages and the price of houses? When she refers to £26,000, what does she actually mean? Some of us cannot really grasp what she is driving at, because when I looked up mortgages with a 20 or 25-year term, it was 40% of a post-tax £26,000 income. I relate that to what the Minister was saying.
Housing and Planning Bill
Proceeding contribution from
Lord Campbell-Savours
(Labour)
in the House of Lords on Tuesday, 1 March 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Housing and Planning Bill.
About this proceeding contribution
Reference
769 c807Session
2015-16Chamber / Committee
House of Lords chamberSubjects
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2016-03-02 18:15:13 +0000
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