The ONS’ rent index shows private sector rents across
Britain increased by 1.1% in the year to January 2018. In London they grew by
just 0.2%. This is against a current inflation figures of 2.7% (CPI) and 4%
(RPI). The Residential Landlords Association (RLA) argues the figures show that
calls by many in the Labour Party and elsewhere for rents to be linked to
inflation would leave many tenants worse off. The figures further highlight that
social sector rent increases, currently based on CPI plus 1%, are growing
proportionally more than those in the private sector. Download the index from
the ONS website.
I will build at least 10,000 council homes. As for right to buy – suspend
it for new properties | Andy Burnham
-
There’s no point us building houses if people sell them off cheaply to no
public benefit. It’s like running a bath with no plug
- Andy Burnham is the ...
6 hours ago
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