Found: stock on the private rented sector (1) The Secretary of State must make arrangements for an
Asked by: Andrew Lewer (Conservative - Northampton South)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the impact of the abolition of multiple dwellings relief within stamp duty land tax on new housing supply in the private rented sector.
Answered by Nigel Huddleston - Financial Secretary (HM Treasury)
The abolition of Multiple Dwellings Relief follows an external evaluation which found no strong evidence that the relief is meeting its original objectives of supporting investment in residential property in the private rented sector. The evaluation can be found here: https://www.gov.uk/government/publications/stamp-duty-land-tax-relief-for-multiple-dwellings-evaluation.
Written Evidence May. 16 2024
Inquiry: Improving the home buying and selling processFound: While housing stock may differ, the legal principles that encourage faster and more efficient transactions
Mentions:
1: Baroness Hughes of Stretford (Lab - Life peer) or social housing sectors. - Speech Link
2: Baroness Brinton (LD - Life peer) Habinteg Housing research shows that only 7% of our housing stock meets basic accessibility standards - Speech Link
3: Viscount Younger of Leckie (Con - Excepted Hereditary) Our Renters (Reform) Bill, abolishing no-fault evictions and creating a new ombudsman for the private - Speech Link
Found: _ After Clause 128, insert the following new Clause— “Report on the impact of the social housing
Asked by: Peter Grant (Scottish National Party - Glenrothes)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what recent assessment he has made of the adequacy of housing benefit in the context of average rents in Scotland.
Answered by Mims Davies - Minister of State (Department for Work and Pensions)
Local Housing Allowance (LHA) rates are reviewed annually by the Secretary of State. The review includes consideration of current rents, as well as the broader fiscal context. Rent Service Scotland have responsibility for collecting the private rental data that is used to help calculate LHA rates in Scotland.
From April this year the Government is investing £1.2 billion increasing LHA rates to the 30th percentile of local market rents in Great Britain. This significant investment ensures 1.6 million private renters in receipt of Housing Benefit or Universal Credit will gain on average, nearly £800 in additional help towards their rental costs in 2024/25. This includes around 85k private renters in Scotland who currently receive LHA.
LHA provides a reasonable level of housing support towards rental costs in the private rented sector. LHA rates are not intended to cover all rents in all areas.
For those who face a shortfall in meeting their housing costs and need further support Discretionary Housing Payments (DHPs) are available from local authorities. Since April 2017, DHPs have been fully devolved to Scotland who are responsible for the allocation and payment to Scottish local authorities.
May. 15 2024
Source Page: Valuation Office Agency Rent Officers: Lettings InformationFound: goodwill and trust of landlords, letting agents and tenants who provide rental levels being paid in the private
May. 15 2024
Source Page: Valuation Office Agency Rent Officers: Private Rented Market StatisticsFound: Valuation Office Agency Rent Officers: Private Rented Market Statistics
Mentions:
1: Griffin, Mark (Lab - Central Scotland) housing emergency, when the private sector is saying that there is a housing emergency and when the - Speech Link
2: Rennie, Willie (LD - North East Fife) means absolutely nothing.Some of the rhetoric about and proposed measures for the private rented sector - Speech Link
3: Grant, Rhoda (Lab - Highlands and Islands) is also a lack of social rented housing. - Speech Link
4: Somerville, Shirley-Anne (SNP - Dunfermline) That bill deals with the private rented sector as well.Members have discussed rent controls, and I appreciate - Speech Link
5: Boyack, Sarah (Lab - Lothian) up the cost of private rented properties. - Speech Link
Mentions:
1: Baroness Taylor of Stevenage (Lab - Life peer) For a fifth of UK households—over 4.6 million people—who live in private rented housing in England, this - Speech Link
2: Baroness Pinnock (LD - Life peer) 17%, or 4.2 million households, are renting in the social housing sector.The private rented sector has - Speech Link
3: Earl of Lytton (XB - Excepted Hereditary) Other noble Lords have said that the private rented sector has a fundamental and pivotal role in housing - Speech Link
4: Lord Marlesford (Con - Life peer) Housing supply in the private rented sector depends on adequate rents. - Speech Link
5: Lord Khan of Burnley (Lab - Life peer) homes.According to the English Housing Survey, 23% of homes in the private rented sector do not meet - Speech Link