Rents
The question
To ask the Secretary of State for Housing, Communities and Local Government, what steps his Department is taking to ensure that rental prices remain affordable; and whether she has considered mechanisms to stabilise rents.
Answered by Matthew Pennycook
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 will empower private rented sector tenants to challenge unreasonable within-tenancy rent increases.
The government has been clear it does not support the introduction of rent controls, including rent stabilisation measures. We believe they could make life more difficult for private renters, both in terms of incentivising landlords to increase rents routinely up to a cap where they might otherwise not have done, and in pushing many landlords out of the market, thereby making it even harder for renters to find a home they can afford.
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