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Minister denies rental reform will stop landlords from investing

Baroness Taylor, Deputy Housing Secretary for Stevenage, has staunchly defended the Government's rental reform, denying it will deter landlords from investing in the private rented sector (PRS).

Instead, she told Liberal Democrat Baroness Thornhill during a parliamentary debate: It's on the market. ”

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This bill will improve the situation. ”

She added: “I hope the bill will improve the situation.”

Baroness Thornhill, Liberal Democrat
Baroness Thornhill, Liberal Democrat

However, Baroness Taylor acknowledged there was an imbalance between supply and demand for PRS and that longer-term lettings were needed, but said there was “no evidence of an exodus from the market”.

He said the UK Housing Evidence Collaborative Center's research looked at whether changes in rental regulations and taxes in the UK and abroad over the past 25 years had affected supply in the private rented sector.

no evidence

Her report to Parliament concluded: In fact, the PRS has doubled in size since 2002 and is now the second largest homeowner, with more than 11 million people living in the private rented sector. ”

He added: “We will continue to do everything we can to support both landlords and tenants in this area,” adding: “We will continue to do everything we can to support both landlords and tenants in this area.” He said he is looking forward to submitting the project.


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