Private Rented Housing: Rents

(asked on 25th March 2024) - View Source

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

To ask the Secretary of State for Levelling Up, Housing and Communities, whether he is taking steps to help tackle increases in average monthly rent for private tenants.


Answered by
Jacob Young Portrait
Jacob Young
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 15th April 2024

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. The level of private sector rents is not directly a matter for Government, however, we are taking steps to increase housebuilding to help create a more sustainable and affordable housing market over the long term. The Government is on track to meet its manifesto commitment to deliver a million homes over this Parliament.

The Government also welcomes new institutional investment in the private rented sector. The Build to Rent sector has built over 100,000 new homes over the past 13 years and they continue to play a part in increasing the supply of homes in the private rented sector.

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