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Written question asked by Andrew Western (Labour) on Friday, 12 April 2024, in the House of Commons. It was due for an answer on Tuesday, 16 April 2024. It was answered by Jacob Young (Conservative) on Thursday, 18 April 2024 on behalf of the Department for Levelling Up, Housing and Communities.


Rented Housing: Deposits

Question

To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department has made recent progress on introducing a lifetime deposit for renters.

Answer

As set out in our 2022 White Paper ‘A Fairer Private Rented Sector’, the market has responded to the ambition of our manifesto commitment for a ‘lifetime deposit’.

We continue to monitor the development of commercial lifetime deposit solutions, alongside keeping deposit protection and the broader deposit market under review.


Secondary information

Type
Written question
Reference
21412
Session
2023-24
Subjects
Deposits Rented housing
Link
View this Written question on www.parliament.uk