The right hon. and learned Lady makes an important point about the virtues of longer-term tenancies. We are working on a model tenancy agreement that will support tenants and families who want a longer fixed-term tenancy, and will publish the final agreement in the summer.
Although the right hon. Lady rightly identifies the problem on agencies’ charges, the solution that she suggests may lead to higher rental costs for people renting properties. That is why we will announce today that we will place new obligations on agents to publish with full transparency the fees that they charge, so that people can shop around and get the best deal available.