You will be pleased to know that I will keep it short, Madam Deputy Speaker. I join colleagues in saying that this is long-overdue and important piece of legislation. I commend my right hon. and hon. Friends on the Front Bench for bringing it to the House. For too long my constituents have endured insecure and inadequate private rentals and the constant threat of no-fault eviction. Last year alone, Bolton saw the highest rent increase of any area in the UK, at 14.8%, according to Zoopla’s UK rental market report.
However, with the current proposals pegging rent increases to out-of-control market rates, this Bill risks failing to protect lower-income tenants in my constituency, where such rent increases can be an eviction by the back door. The introduction of in-tenancy rent caps, preferably tied to wage growth, would increase security of tenure and keep more tenants in their homes for longer. I urge the Secretary of State and Ministers to take that into consideration.
I conclude by joining colleagues in welcoming the Bill to the House and commending this Government for the steps we are taking to ensure that everyone has a safe and secure roof over their head.
6.17 pm