Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what recent discussions he has had with lenders on assessing the potential impact of changes to rent review mechanics in the Renters’ Rights Act 2025 on loan availability, loan-to-value ratios and pricing for build-to-rent schemes.

My Department engages regularly with build to rent operators and other stakeholders from the sector in relation to the reforms that we are making to the private rented sector and will continue to do so to ensure the successful implementation of the Renters’ Rights Act 2025.

The Impact Assessment for the Act is available here. While this does not model the specific impacts referred to in the hon. Member’s questions, it concludes that the costs of our reforms are estimated to be just £22 per rented property annually (0.2% of mean annual rents).