(5 years, 7 months ago)
Commons ChamberMy hon. Friend rightly champions Mansfield, and we will look very closely at the expression of interest that has been expressed in relation to the future high streets fund. The stronger towns fund will support towns to grow and prosper, and we will obviously be working with communities. I can certainly give a commitment to work with him and with Mansfield as we continue to shape that, and get the right feedback to ensure that that money delivers what we want it to.
I acknowledge my hon. Friend’s ingenuity in putting her question. Her council has submitted a £14 million bid to the housing infrastructure fund, which we obviously want to see delivering more homes and building the homes our country needs. I can assure my hon. Friend that we will look carefully at this bid. It is a competitive process, but I am encouraged by what she says.
(6 years, 6 months ago)
Commons ChamberThe issue was considered by the Select Committee, and we have considered it carefully. We believe that six weeks’ rent as an upper limit strikes the right balance between providing tenants with greater affordability while ensuring that landlords have adequate financial security for their assets.
I welcome the Bill. It is crucial that we have a vibrant tenant sector and that we aid it in every way possible, but the Bill must not deter landlords or agents who are acting well, assiduously and industriously. We must ensure that the Bill increases transparency and the competitiveness of the market, while still having a viable and vibrant market.
My hon. Friend makes an important point. Let me be clear: the Bill is not an attack on good agents and landlords. We value the important services that they provide, but it will ensure a fair playing field for reputable agents by making it harder for rogues to operate. Letting agents and landlords who represent good value for money will continue to thrive, while those who rely on charging unfair and unjustifiable fees will have to reconsider their business models. We have also committed to regulation to prevent reputable agents from being undercut or undermined by rogues.
My hon. Friend makes her point very sincerely. The interesting point about some of the experience in Scotland is that the number of letting agents in Scotland, according to Companies House, has increased since 2012, when the ban on tenant fees was clarified there. That demonstrates that innovative and good agents can continue to thrive.