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Lord Cromwell (CB)

Speaking in the House of Lords on 1 July 2025

Debate

Renters’ Rights Bill

Contribution

If I may add one note to what the noble Lord has just said, it is very common in commercial contracts to have CPI over a series of periods followed by a reset to market level, in part because CPI may take it up too high and it comes back down to market level. I think that needs to be part of this amendment.

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