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

To ask the Secretary of State for Levelling Up, Housing and Communities, what recent assessment his Department has made of the implications for its policies of the long-term viability of the buy-to-let sector.

The Renters (Reform) Bill Impact Assessment (IA) was submitted to the Regulatory Policy Committee for review before the Bill was introduced and has now been published. The green-rated IA shows that the net cost to landlords of the reforms in the Bill is estimated to be just £10 per rented property annually - approximately 0.1% of mean annual rents. This cost is unlikely to lead to good landlords leaving the sector.