Private Rented Sector

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 12:37 pm on 25th June 2014.

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Photo of Emma Reynolds Emma Reynolds Shadow Minister (Housing) 12:37 pm, 25th June 2014

I thank the hon. Gentleman for reminding me of that fact.

The status quo in the private rented sector is good for neither landlords nor tenants—both parties need and deserve greater stability—but the Government do not have to travel to Venezuela or Vietnam to find a more stable, just and equitable private rented sector: 10 years ago, Ireland introduced four-year tenancies, with a ceiling on rent increases linked to average market rents. As set out in the motion, our reforms would give greater stability and peace of mind to the 9 million people renting in the private rented sector.