Rent Controls Would Leave Tenants ‘Worse Off’

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.

https://www.ons.gov.uk/releases/indexofprivatehousingrentalpricesiphrpingreatbritainjan2018?utm_source=govdelivery&utm_medium=email&utm_campaign=2018-02-013_12:00_govdelivery&utm_content=Prices-Day