The Mayor of London’s review of rent control has concluded with a call for new powers to cut rents in the capital.
In this post we explain why we support new powers to give tenants predictable rents, and how we hope to work with the Mayor to get rent control right for those struggling at the bottom of the housing market.
The Greater London Assembly (GLA) is also announcing details of its London Model proposal for how to implement the … Read more
Yesterday, we explored the fact that rent control already exists for assured and assured shorthold tenants i.e. those paying market rent. In this blog, we will discuss three potential reasons why this kind of rent control is under-used and little-known.
Market rents too highAssured shorthold tenants are able to challenge their rent in a first tier tribunal if they think it is excessive. But ‘excessive’ is defined as significantly higher than the landlord might reasonably expect to receive… Read more
Renting in the private rented sector? Think your rent is too high? You might be one of the 60% of Britain in favour of introducing rent controls. However, you might be surprised to know that rent controls already exist in England.
No, these are not the often-discussed historic ‘fair rent’ properties, the volume of which has dwindled to very small part of the market. Under ‘regulated’ tenancies, tenants are entitled to a ‘fair rent’ set by the Valuation Office Agency, … Read more
A debate is taking place about whether we should control – or cap – private rents in London.
With the 2016 Mayoral Election edging closer, this debate is heating up. Anyone throwing their hat into the ring is taking a view.
Shelter are currently looking at the technical implications of capping or controlling rents. But we also need to understand the political implications of this very public debate.
It is little wonder that renting dominates our capital’s discourse. The … Read more