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<p>While the Government wants to support those who aspire to be homeowners, we appreciate
that this is not everyone’s aspiration and that there are many people for whom renting
a home is either more practical or affordable. There therefore needs to be a thriving
private rental sector to accommodate these people’s housing needs.</p><p> </p><p>In
Q2 this year, 13.6% of new advances were buy-to-let mortgages. The government does
not hold data on the number of buy-to-let mortgages on variable or fixed rates.</p><p>
</p><p>The pricing of mortgages and rents remain commercial decisions for lenders
and landlords respectively, and the Government does not seek to intervene in these
decisions. The Government is, however, providing millions of the most vulnerable households
with financial support with the cost of living this year.</p>
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