Private Rented Housing

(asked on 25th May 2023) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask His Majesty's Government what plans they have to incentivise existing and new potential landlords to invest in the supply of private rented accommodation.


Answered by
Baroness Scott of Bybrook Portrait
Baroness Scott of Bybrook
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 9th June 2023

The number of rented properties has almost doubled since 2004 – peaking in 2016 and remaining roughly stable since. In fact, the most recent data shows that the number of PRS properties increased by 11,000 in the year to March 2022.

We are committed to robust monitoring and evaluating of the private rented sector reform programme and its impact on the sector. The Renters (Reform) Bill Impact Assessment is currently being scrutinised by the Regulatory Policy Committee and we will publish it during the Bill's passage through Parliament.

We recognise that good landlords play a vital role in providing homes for millions of people across the country. We have designed our reforms to ensure landlords can continue to invest and have confidence in the market.

The government has made a number of interventions to support the Build to Rent sector, boosting housing supply, diversifying the private rental sector, and increasing quality and choice for renters in cities and towns across England.

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