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

To ask His Majesty's Government what assessment they have made of the estimate in the Knight Frank report UK Multifamily Market Outlook, published in March, that there will be an additional 1.5 million individuals living in rental accommodation by 2050; and what plans, if any, they have to ensure sufficient rental housing is available for that estimated figure.

My Department has made no such assessment.

Our £3.5 billion Private Rented Sector Guarantee Scheme was reopened in March 2025 to new applicants for another three years and makes loan guarantees available for Build-to-Rent operators to support housebuilding.

We have also announced that the National Housing Bank, backed by up to £16 billion of finance, will be launched in April 2026. Its detailed investment approach will be outlined in due course.