Fiona Mactaggart
Main Page: Fiona Mactaggart (Labour - Slough)Rents across the country are at 1.1% at the moment, and in London they have actually fallen, from 1.9% to 1.6% over the last quarter.
The Minister’s remark about 1.1% and 1.9% is confusing. Perhaps he can illuminate for the House what he means. Certainly, the rents that my constituents—a quarter of them live in private rented accommodation, which very often is substandard—are being charged are rocketing as people move from London to Slough, so how much have rents gone up in areas, such as Slough, around the outside of London?
Quite often the media headlines on rent prices are the advertised rate. The figures I quoted are from the Office for National Statistics, and they are the actual figures tenants are charged after taking up a residency, so they are actually the true figures, rather than those advertised in the media.