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Annington Homes: Contracts

Asked by James CartlidgeConservativeMinistry of DefenceTabled Answered 31 March 2025UIN 41492

The question

To ask the Secretary of State for Defence, with reference to the Chancellor of the Exchequer's Oral Statement on 26 March 2025 entitled Spring Statement, Official Report and his Department's press release entitled Government buys back 36,347 military homes to improve housing for forces families and save taxpayers billions, published on 17 December 2024, how much of the additional funding for defence will be spent on the agreement with Annington Homes in 2025-26.

Answered by Al Carns

The Annington agreement was partially funded through eliminating liabilities associated with the leases to create budgetary headroom. The remaining £1.7 billion required in 2024-25 was funded by His Majesty’s Treasury at the time of purchase.

None of the additional funding for Defence as announced in the Spring Statement will be used to fund the Annington agreement.

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