Private Rented Sector

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 2:47 pm on 25th June 2014.

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Photo of Stephen McPartland Stephen McPartland Conservative, Stevenage 2:47 pm, 25th June 2014

I am grateful to the hon. Gentleman for making that point, but Library figures show that it has taken almost 30 years for the figure to increase to 16.5%. His point that there was no demand then but that, all of a sudden, there is now probably does not hold water.

An estimated 89% of landlords are private individuals with one or two properties, which are, in effect, their pension funds. They are, in the main, responsible and proactive people such as my hon. Friend John Stevenson, who will keep his tenant in place for as long as he pays the rent on time, as has happened for a number of years.