Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what assessment her Department has made of the potential impact of banning upward-only rent reviews for commercial leases on the valuations of commercial property owned by local authorities.

The Government has carefully assessed the evidence for banning upwards only rent reviews and published full details in the Impact Assessment for the English Devolution and Community Empowerment Bill.

Based on the data and evidence-base we have available, we have assessed that any costs incurred by landlords will be outweighed by the benefits to tenants and the wider economy of a fairer, more dynamic property market.