To ask His Majesty's Government what assessment they have made of the current rental market; and what steps they are taking to support tenants facing financial challenges.
Answered on
20 December 2023
The proportion of private rented sector households has remained relatively stable for nearly a decade.
We continue to support households with the cost of living, providing support worth £104 billion over 2022-25, or £3,700 per household on average. From April 2024, we are investing £1.2 billion to restore Local Housing Allowance rates to the 30th percentile of local market rents. Individuals who need further help to make their rent payments may be eligible for a range of financial support through the welfare system.