Government will not introduce rent controls
The government’s rental reforms White Paper has ruled out introducing rent controls, amidst fears that they could be brought to the housing market in England.
The government’s rental reforms White Paper has ruled out introducing rent controls, amidst fears that they could be brought to the housing market in England.
Mayor of London Sadiq Khan has written to Boris Johnson calling for a two-year rent freeze in London.
Investors in The Netherlands are currently undergoing similar issues to the UK – landlords could leave the sector thanks to government intervention, which goes further than what’s happening in the UK.
Property Investor Post reflects on some of the major stories and themes that emerged in the second half of 2021.
It added that there will be exceptions for antisocial and criminal behavior cases, as well as when the landlord intends to live in the property.
The organisation made the recommendation with one eye on the government’s Renters’ Reforms White Paper, which is being released early next year.
West Dunbartonshire showed the highest increase (7.1%), followed by Ayrshire (6.8%).
He said many people are paying way over the odds for what is an insecure tenure in housing.
Rent controls are already proving divisive among landlords and mortgage professionals, though members of the charity housing sector are more sympathetic.