Landlords: Long-term Rentals
Debate between Lord Truscott and Baroness Thornhill(3 days ago)
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Baroness Thornhill (LD)
I thank the noble Baroness for her reply and sincerely hope that the Government’s aspirations are met, but note that most of the actions are going to be in the future. However, I know that the Minister is only too well aware of the crisis in temporary accommodation that is actually caused by over 110,000 households unable to find any affordable accommodation in the private rented sector, where demand is demonstrably not keeping up with supply. What can be done when those landlords that are leaving the private rented sector precisely because there is a shortage can then relet the same property to their own council at a higher rent? Incredulously, this practice is fuelled by councils and the Home Office bidding against each other for the same property, at considerable cost to the taxpayer.