Baroness Bray of Coln
Main Page: Baroness Bray of Coln (Conservative - Life peer)Department Debates - View all Baroness Bray of Coln's debates with the Department for Work and Pensions
(14 years ago)
Commons ChamberThe answer is no for existing tenants. Our policy will apply to new tenants and new build, so the hon. Lady should check her facts.
Let us not forget that the private rental market is dynamic. That is the point that the Opposition fail to mention.
The impact assessment does not say that, and it is typical of the Opposition to take a figure for those who will be affected and assume automatically that they will be driven out of their homes. That is shameful.
The scaremongering is a disgrace, and I am sure that many of us have had scared constituents coming to us having been worried unnecessarily by stories that they have heard from Labour Members. I have been looking online at some of the properties on offer in the private rented sector in Ealing and Central Acton. There are some remarkably good offers around that are well within the proposed caps—for example, a four-bedroom house with a garden at under £400 a week, and a flat for about £250 a week with access to a swimming pool. The situation is really not as dire as the Opposition are suggesting.
My hon. Friend is right. We believe, and our calculations show that one third of all properties are available and will be ready for those who have to move. I say “have to move” because that assumes a static marketplace, and this marketplace is not static. I will return to that point in a second.