The number of build to rent completions has increased by almost 16 per cent in the past year

A coalition of MPs, lenders, fintechs and charities have urged Reeves’ to fix the UK’s “broken credit system, warning that millions of renters are being locked out of home ownership.

The Financial Freedom for Everyone campaign, which includes The Money Charity and Clear Score, sent an open letter to Chancellor Rachel Reeves’, calling on the government to lead a coordinated approach that ensures rental payment data is consistently and securely shared with credit reference agencies.

The group warned that the system unfairly penalises renters, holding them back from accessing financial opportunities, including home ownership, due to rent not being automatically recognised as a credit score compon

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