Thursday, 13 December 2018

Khan To Look At Imposing Rent Controls In London


The mayor of London has hinted that he is considering introducing rent controls across the capital in a radical overhaul of private rental laws. Sadiq Khan told an MP that London needed to adopt a “strategic approach to rent stabilisation and control”, since the arguments in favour of capping rent inflation are becoming “overwhelming”. Although national legislation governs private sector renters’ rights, tenancies and rents themselves, it is understood that Khan will begin to advocate for fundamental change in order to tackle overinflated rents, in a move which could lead to councils assuming greater powers. Read more on the Guardian website.

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