Lords discuss private rented sector

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Members of the House of Lords have debated issues concerning the private rented sector, such as the regulation of letting agents.

Peers have expressed their concerns over current high rent levels, and it was revealed that the majority of new affordable homes which will be built by 2015 are to be for rent.

Labour peer Lord Kennedy of Southwark started the exchange by raising the question of what the Government plans to do to provide more professional accommodation for rent, adding that there is a "lamentable failure of the Government on new homes for rent".

Baroness Hanham, Parliamentary Under-Secretary of State at Communities and Local Government, responded to Lord Kennedy's question by saying: "The Government are committed to the provision of affordable housing and are investing nearly £4.5bn to help deliver up to 170,000 new affordable homes, mainly for rent, by April 2015 in England."

 Copyright Press Association 2011



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