Question to the Ministry of Housing, Communities and Local Government:
To ask His Majesty's Government what they steps they are taking to improve affordability of tenancies in the private rented sector.
Boosting the supply of homes of all tenures must be at the heart of any strategy to improve housing affordability which is why the government’s Plan for Change includes a hugely ambitious milestone of building 1.5 million safe and decent homes in England in this Parliament.
The Renters’ Rights Bill empowers private rented sector tenants to challenge unreasonable rent increases, with all rent increases taking place via an existing statutory process. Tenants who receive a rent increase that they feel is not representative of the market value will be able to challenge the increase at the First-tier Tribunal.
The Bill also takes practical steps to end the practices of rental bidding and landlords demanding large amounts of rent in advance. These unfair practices pit tenants against one another, encouraging them to either stretch their finances to the limit or prevent them from accessing the private rented sector altogether.