Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, whether he has made an assessment of the potential impact of trends in the level of inflation on private rented tenants.
The Government recognises the cost of living pressures that tenants are facing, and that paying rent is likely to be a tenant's biggest monthly expense.
ONS data shows that the Consumer Prices Index (CPI) rose by 6.8% in the 12 months to July 2023, while private rental prices paid by tenants in the UK rose by 5.3% in the 12 months to July 2023. However, we understand asking rents are rising more quickly, and we recognise that some families are facing difficulties.