My Lords, I support Amendment 51. This new, reinvigorated right to buy will certainly help housing associations to retain their independence, and will, I am sure, bring about a new era for building and bring an end to the housing crisis. Associations are a vital piece of the housing predicament jigsaw and together, working closely with government, will help to bridge the generation gap and give that boost to those Britons whose overwhelming ambition is to become home owners.
Housing associations are professional organisations that have sound commercial and social principles and manage their estates extremely well. The important fact to emphasise is that they are well established,
intuitively know what type of housing is best suited for their area, and know where their new build is in greatest need.
Another part of the jigsaw is job opportunities—a possibility that turns people’s ambition into reality for the very first time. That is why it is so important for tenure to be taken locally. A voluntary agreement with the National Housing Federation and the housing association sector gives the flexibility to replace nationally, since housing associations know their customers’ needs best. Because of that, it is particularly important that an agreement also gives them flexibility and discretion over sales of properties in rural locations.
My noble friend Lord Young alluded to housing associations having the inner knowledge and expertise where local demand is required. As we know, different parts of the country have unique demands. Therefore, government should not be instructing them where to build replacement homes; rather, it should recognise the importance of ensuring that rural communities are protected, but believe that the best way of doing that is not by preserving them exactly as they are now. Instead, we should be supporting living, working and sustainable rural communities, with tenants having real choices about where and how they live. Allowing rural tenants the same opportunities to access home ownership as other tenants is a good thing.