‘We are taking action on the housing crisis’, says Peckham MP

By Miatta Fahnbulleh

21st June 2025

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Miatta Fahnbulleh

Across Peckham- from the Aylesbury Estate to the Ledbury Estate to the North Peckham Estate—the story is the same. There is a housing crisis.

People simply cannot afford to live in decent homes: Families living in damp, mouldy conditions that no one should have to endure, or raising children in temporary accommodation stuck on the housing waiting list for too many years.

Time and again I have seen first hand constituents stuck in poor quality, precarious private rented accommodation for whom secure, affordable housing in Peckham is out of reach.

This is a crisis born from political neglect. A crisis made by the last Conservative government, which hollowed out public investment, sold off social homes, and failed to build new ones.

This Government is tackling the housing crisis head on. This week, in the Spending Review, we announced our 10?year Affordable Homes Programme will invest £39 billion to build genuinely affordable new homes: the biggest boost to investment in social and affordable housing in a generation.

We have already delivered the planning reforms which will open up the ability to build, and now we are providing the much-needed investment to ensure that the genuinely affordable houses that the country needs get built.

As a Labour government, we are working to deliver the homes that people in Peckham – and across the country – desperately need.

And that is not all, alongside that package of investment, we will be catalysing private investment to further boost housebuilding and launching a mortgage guarantee scheme to support buyers with small deposits.

Housing charity Crisis called this a “determined political signal that housing really matters.” They’re right. It does. Because a decent home is more than a roof over your head. It’s where people put down roots, children grow up, and neighbours become a community.

But building new homes is only one part of the problem. Existing homes must be in decent condition and affordable to run. As Minister for Energy Consumers, I lead on the delivery of our Warm Homes Plan.

In the Spending Review, the Government committed £13.2 billion of investment to ensure that we can deliver on our manifesto promise to transform how we heat and power our homes.

The Warm Homes Plan will deliver warmer homes, cut bills and tackle fuel poverty by upgrading the homes people already live in with insulation, solar panels and heat pumps. The result will be that families save up to £600 off their energy bills.

True affordability means more than what’s written on the tenancy agreement. It means making sure people’s wages don’t vanish through poorly insulated walls.

That’s why, as we lift the minimum and living wage, we’re making sure people’s hard-earned money stays in their pockets — rather than being spent on heating cold, poorly insulated homes.

Taken together, this package will be transformative. The investments announced will change the lives of working people — by increasing the supply of good quality, affordable homes for people who desperately need them up and down the country. I’ve spent years listening to people across Peckham suffering from the housing crisis.

And now I can look them in the eye and say: we are taking action.

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‘We are taking action on the housing crisis’, says Peckham MP

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