The House of Lords Committee on Intergenerational Fairness will next week take evidence from the Building Society Association and leading think tanks as it considers the impact of the Government’s housing policy on intergenerational fairness.
The Committee will also hear evidence from Age UK and the British Youth Council as it seeks evidence from organisations and individuals from all age groups.
The evidence sessions will start at 11:40am on Tuesday 20 November in Committee Room 4A of the House of Lords. The witnesses giving evidence will be:
- Paul Broadhead, Head of Mortgage Policy, Building Societies Association
- Professor Sue Heath, Professor of Sociology, University of Manchester
- Douglas McWilliams, Deputy Chairman, Centre for Economics and Business Research (Cebr)
- Nigel Keohane, Director of Research, Social Market Foundation
- Caroline Abrahams, Charity Director, Age UK
- Lewis Addlington-Lee, Deputy Chair, British Youth Council
- Dr Eliza Filby, Visiting Fellow, King’s College London
In the first session the questions will focus on the role older generations play in financing the housing of their relatives both in terms of saving for mortgage deposits and regular support towards rent, the role of intergenerational mortgage products and whether Government support for first time buyers is doing enough to help less well-off families.
The second session will focus on the role of communities in helping different generations support each other, how the Government can support greater cross generational engagement and the role of taxation and the benefits system of supporting intergenerational fairness.