M

Member

Speaking in the House of Lords on 28 April 2025

Debate

Renters’ Rights Bill

Contribution

If a tenant successfully navigates the tribunal, the decision is tied to assessing market rent, as has been noted. This concept can be problematic, often based on asking prices for new rentals, which may be an artificially high indicator. The resulting market rent, even if lower than the landlord’s proposed hike, may remain unaffordable for many tenants. It is important to remember that England’s rents, as a share of disposable income, are some of the highest in Europe, with a significant proportion of in-work private renters struggling to pay.

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