Armed forces families in 190 military homes across Wycombe will see a major boost from Labour’s new plan to end the scandal of poor-quality military housing.
Published this week, the new Defence Housing Strategy will see the Government invest a record £9 billion over the next decade to deliver homes fit for our heroes. The plan delivers on Labour’s commitment to our forces – and their families – who make huge sacrifices to keep Britain safe.
I’m glad that military families across Wycombe are set to benefit from the plan – with the Government committed to upgrading and modernising 9 in 10 forces family homes, and the creation of a new Defence Housing Service to better support military families.
This plan was made possible by Labour’s deal to bring 36,000 forces family homes back into public ownership earlier this year, including 12,466 homes in the South East. This ended the disastrous 1996 Tory privatisation of military housing which cost the taxpayer billions. Labour’s landmark buy-back saved over £200 million per year in rent payments, savings which are now being reinvested in fixing forces homes.
This plan is funded by Labour’s historic commitment to raise defence spending to 2.6% of GDP by 2027, to meet this new era of threat and back the outstanding men and women of our Armed Forces. The Labour government has already delivered the largest pay rise for Armed Forces personnel in over 20 years.