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

To ask His Majesty's Government what assessment they have made of the impact that ending fixed term tenancies in the private rented sector will have on lending to (1) individual residential landlords, and (2) build-to-rent developers.

The Government is delivering its manifesto commitment to transform the experience of private renting by levelling the playing field decisively between landlords and tenants. The Renters’ Rights Bill will replace section 21 ‘no fault’ evictions with a modern tenancy system, giving renters greater security and protections.

The Government welcomes private investment into housing, and new tenures in the private rented sector such as those offered by Build to Rent providers. These can provide tenants with greater stability and more choice. The Department will continue to engage – and work – with the Build to Rent sector to understand their needs in the process of designing any regulation.

The department will publish an impact assessment for the Renters' Rights Bill in due course. We will work closely with all parts of the sector to ensure a smooth transition to the new system and will provide sufficient notice ahead of implementation.