No 10 dismisses Reeves’s reported plan for freeze on private rents

Downing Street has stated that a freeze on private sector rents is not part of the government's strategy. This comes after reports indicated that Chancellor Rachel Reeves had been considering such a measure to alleviate the rising cost of living. A spokesperson for Downing Street confirmed that their focus remains on reducing household bills, supporting renters, and lowering energy prices. The reported consideration of a rent freeze by the Chancellor emerged following discussions about addressing increased housing costs.

The government's stance on rent freezes is significant for both renters and landlords as it signals their approach to managing housing affordability amidst economic pressures.