(7 months ago)
Lords ChamberAs I said, there will be an annual report, which will monitor in detail the impact of the Bill, and going forward we will have the data in granular detail as a result of the private rented property portal, once it is established.
I apologise. I too do not want to prolong this, but I and a number of noble Lords mentioned concern about the abolition of fixed-term tenancies. The Minister mentioned that briefly at the start of her summing up. Will she undertake to set out in a little more detail—not now, but on a future occasion or in writing—the Government’s reasoning as to why it is necessary to abolish fixed-term tenancies, as well as Section 21, as an option?
I undertake to do that. I invite all Peers who would like to do so to come to discuss these things in detail over the course of the passage of the Bill. I will put further dates forward ahead of Committee, so please make use of them. I am available to have those discussions throughout.
I believe the Renters (Reform) Bill honours the Government’s 2019 manifesto commitment to create a private rented sector that works for everyone and to level up housing policy in this country. The reforms in the Bill will give tenants greater security in their homes for generations to come. The Bill will also support landlords, ensuring that they have the confidence to invest—to invest more, we hope—in the private rented sector in England. I look forward to working with noble Lords during the passage of this important Bill.