My Lords, I am pleased to give my support and that of the Government to the Bill. I pay tribute to my noble friend Lord Udny-Lister for his expert and committed stewardship of it, and I thank all noble Lords who have participated in its passage through your Lordships’ House. It is also right that we acknowledge and thank my honourable friend the Member for Christchurch for his work in the other place on this important Bill. It is down to him and to my noble friend that we have the Bill in front of us today.
This simple but effective Bill is one step in making a much-needed change to the lives of all park home residents. When enacted, it will help residents with cost of living pressures by changing the inflationary index used in pitch fee reviews from RPI to the lower CPI. This will mean that pitch fee increases and residents’ income will be subject to the same measures of inflation. But there is still more we can and must do to improve the lives of those residents, and we will continue our reform programme to bring about more effective and modern regulation of the sector. Once again, I thank my noble friend Lord Udny-Lister and express my strong support for his Bill.