The government has been urged to implement pro-private rental sector policies in April’s Budget in order to promote long term investment in the private rental sector and reduce costs for tenants.

Short-term lets do not impact negatively on the traditional lettings market, according to the short-term lets industry, despite warnings the market was “out of control.”

The Housing Secretary has called on landlords to “open their doors” to tenants with pets as he announced an overhaul of the current tenancy contract model to make it easier for animal-loving tenants to find homes.

The new Conservative government has abolished no-fault evictions and introduced lifetime deposits under new legislation aimed at improving the rental market in England.

Housing market sentiment remains negative despite more people believing prices will rise in 2020, according to a joint building societies report.