Commenting on the Housing, Communities and Local Government Committee’s report on the draft Tenant Fees Bill, Liberal Democrat Housing Spokesperson, Wera Hobhouse, said:
“This draft legislation on letting fees is a victory for the Liberal Democrats. We have long called for the government to cap upfront deposits, ban letting agency fees and clamp down on rogue landlords.
“The cap on holding deposits is a welcome step to make renting more affordable, but the government must put their money where their mouth is and ensure that sufficient funding is granted to local authorities to enforce these measures.
“The end of a private rented tenancy is now the number one cause of homelessness as people can’t afford the ever increasing rental costs, let alone the huge upfront deposits.
“If the government truly wants to make deposits more affordable, they must establish a new Help to Rent scheme which provides government-backed tenancy deposit loans. Not taking action would be to ignore the many young people across the UK unable to afford a place of their own.”
The Housing, Communities and Local Government Committee’s report on the draft Tenant Fees Bill: