Adrian Sanders
Main Page: Adrian Sanders (Liberal Democrat - Torbay)17. What steps the Government are taking to reform the private rented sector.
We are making significant reforms to the private rented sector. These include increasing supply through the £1 billion Build to Rent fund and £10 billion guarantee scheme, and providing £6.7 million to address rogue landlords.
The regulatory regime for private sector housing will go some way to protecting tenants, but also give investors in rented housing the confidence and security to invest. Will he provide an update on the consultation process and confirm that additional protections for landlords and tenants could be included if a well streamlined form of regulation could be found?
First, may I reassure my hon. Friend that the £1 billion Build to Rent fund is over-subscribed by £2.8 billion? There is a confidence to participate in that, but it is right that the Government ensure that we protect both landlords and tenants. There is a redress scheme that will become law soon and a tenants charter, and we are really encouraging councils to go out there and pursue those rogue landlords, a small number of individuals, who are undermining this part of the sector.
There is no evidence of any increase in arrears. A number of things can be considered, including taking in a lodger, obtaining a job and getting help from local authorities, which have, by and large, dealt with the issue in a reasonable way. The Labour party lumbered the taxpayer with an enormous bill as far as the growth in housing benefit was concerned, and it is entirely wrong to pretend that it would not have introduced similar constraints.
T5. Will the Secretary of State look at his policy to give powers to local authorities to help increase the number of family-owned small businesses and reduce the number of nationally owned betting shops and payday lenders in our town centres?