Question to the Ministry of Housing, Communities and Local Government:
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 student housing (a) supply and (b) affordability in Leeds North West.
The government recognises the high rental costs experienced by many students living in the private rented sector in Leeds North West and across the country.
The Renters’ Rights Bill will take practical steps to empower tenants to challenge unreasonable rent increases, with all rent increases taking place via an existing statutory process. Tenants who receive a rent increase that they feel is not representative of the market value will be able to challenge the increase at the First-tier Tribunal. This will prevent unscrupulous landlords using rent increases as a backdoor means of eviction, while ensuring rents can be increased to reflect market rates.
The Bill will prohibit a landlord or letting agents from inviting, encouraging or any payment of rent before a tenancy has been entered into. In addition, a landlord will only be able to require up to one month's rent in the window between a tenancy agreement being signed and that tenancy beginning. Once the tenancy starts, landlords will be unable to enforce any terms in a tenancy agreement that require rent to be paid in advance of agreed due dates.
The Bill will also prohibit rental bidding practices.
The proposed new ground for possession (Ground 4A) in the Bill is intended to facilitate the maintenance of the annual cycle of student letting for most typical students, namely groups of full-time students living together in Houses in Multiple Occupancy.
Less typical students who may require greater security of tenure, for example postgraduate couples who have put down roots in their area, will be able to enjoy the benefits of the new tenancy system the Bill introduces.
The Renters’ Rights Bill Impact Assessment looked across the package of reforms and received a ‘green’ rating from the Regulatory Policy Committee, meaning it is ‘fit for purpose’.
The government does not expect the Bill to have a destabilising effect on the robust student rental market. We will continue to work with good landlords and their representative associations throughout implementation.