Private Rented Housing
The question
To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of the potential impact of the Renters Rights Bill on landlords with fewer than five properties.
Answered by Matthew Pennycook
83% of landlords own fewer than five properties, representing 51% of tenancies. It is essential that our Renters’ Rights Bill provides confidence for good landlords, whether they have small or larger portfolios.
The government values responsible landlords who provide quality homes to their tenants and believes they must enjoy robust grounds for possession where there is good reason to take their property back.
The Department published an Impact Assessment on 22 November 2024. It received a ‘Green’ rating from the Regulatory Policy Committee (RPC), indicating that it is ‘fit for purpose’.
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