Parliament urged to 'hurry up' and increase rent threshold

An Early Day Motion tabled by MP Greg Mulholland is calling for the Government to hurry up and get on with its plans to raise the rent threshold for ASTs to £100,000 on October 1, and to introduce a legislative timetable.

Mulholland is Liberal Democrat MP for Leeds North West.

The motion says: “That this House welcomes the Government’s announcement recommending that the threshold for the Tenancy Deposit Scheme be raised from £25,000 to £100,000 which will ensure that many more people, including thousands of students, will be protected from rogue landlords wrongly withholding deposits; celebrates the success of the campaign for such a change, which was supported by the National Union of Students, Unipol and The Sun newspaper; notes that the Use Class Order consultation calls on the Government to ensure that the results of this consultation become law as quickly as possible; expresses concern that the Government has not set a date or a timescale for introducing this important change; and, with the general election imminent, urges the Government to do so before Parliament is dissolved.”

It's amazing how many words an MP needs to say "get on with it"!

Landlord insurance