Cost of Living (Tenant Protection) (Scotland) Act 2022 - proposed extension of section 10: statement of reasons
We have prepared this Statement of Reasons to set out why the expiry of section 10 (and by virtue of that, schedule 3) of The Cost of Living (Tenant Protection) (Scotland) Act 2022 should be extended.
Footnotes
1. Cost of Living (Tenant Protection) (Scotland) Act 2022.
3. The Cost of Living (Tenant Protection) (Scotland) Act 2022 (Amendment of Expiry Dates and Rent Cap Modification) Regulations 2023 (legislation.gov.uk); and The Cost of Living (Tenant Protection) (Scotland) Act 2022 (Amendment of Expiry Date) Regulations 2023 (legislation.gov.uk)
4. The Cost of Living (Tenant Protection) (Scotland) Act 2022 (Expiry of Section 10: Extension) Regulations 2024
6. Cost of Living (Tenant Protection) (Scotland) Act 2022 - proposed extension: statement of reasons.
7. Scottish Housing Regulator, Rent increases by Scottish social landlords 2023/24 - March 2023.
8. Scottish Government, Cost of Living Bill - Key Statistics.
9. The average two-bedroom private rent was £736 in the 12 months to September 2022 (see Table 6 in Section 8 of Scottish Government, Private Sector Rent Statistics, Scotland, 2010 to 2022.) This dataset is primarily based on new let rents, but even when reducing this figure by 10% to reflect that rents for existing tenants tend to be lower than new let rents (see discussion in Annex C of the Cost of Living (Tenant Protection) (Scotland) Act 2022 - proposed extension: statement of reasons), a 3% increase would equate to £19.87 per month and a 6% increase to £39.74 per month.
Contact
Email: housing.legislation@gov.scot
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