A future Labour government would cap rent increases in
the private sector and scrap letting fees to estate agents to give a
"fairer deal" to tenants. Ed Miliband pledged to end
"excessive" rent rises when he launched his party's campaign for
local council and European elections. An "upper limit" on rises will
be put in place based on average market rates.
The Labour leader also called for longer, securer tenancies and rental
charges of up to £500 to be axed. But the Conservatives said evidence from
other countries suggested rent controls lead to "poorer quality
accommodation, fewer homes being rented and ultimately higher rents". Read more on the BBC website.
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Spiralling rental costs have made living with parents the only option for
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1 day ago

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