Labour Will Help 9m Renters Save £600 Each

Nine million renters would save more than £600 each in the next parliament under Labour’s plans to ban letting agent fees and cap rent increases for longer-term tenants. Ed Miliband will set out the predicted savings as the party launches a new campaign to make sure people in short-term accommodation are registered and ready to vote at the next election. Private renters are the most under-registered group when it comes to signing up to the electoral roll, with 56% of them not able to vote in their constituency. Miliband has already set out a number of policies to address the costs faced by renters, including introducing standard three-year contracts, stopping estate agents charging extra fees and capping rent increases for those on longer term contracts. Read more on the Guardian website.