The Generation Rent group of activists says Bank of England governor Andrew Bailey is on their side about Section 21 evictions.
Bailey typically steers well clear of political hot potatoes but his comments to the House of Commons Treasury Select Committee at the end of last week have been carefully extracted by the group to bolster its argument.
In response to a question from a Labour MP Bailey said “no-fault evictions are very, very difficult for people.”
Generation Rent has selectively quoted Bailey’s contribution, including his comments “we have to do what we have to on monetary policy” and “I am conscious of the fact the PRS [Private Rented Sector] has a higher concentration of poorer demographics”.
Accompanying the extracted quotes, a statement from Generation Rent chief executive Ben Twomey says: “As more renters feel the pain of higher rents and evictions, it is becoming harder for policymakers to ignore the need to abolish Section 21 evictions.
“But the proposals in the Renters Reform Bill are not enough – tenants must get more time and financial support to move for reasons beyond their control.”
