Rent caps could be introduced in England by a Labour government, the party’s shadow chancellor Rachel Reeves said over the weekend.
A leaked report commissioned by the Labour party into the private rented sector has recommended that rents be capped in England if the party gains power.
Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.
The Green Party’s mayoral candidate in London has said she will bring in rent controls saying the time for ‘bold action’ has come.
The Scottish government has been urged to reverse its anti-landlord policies after the SNP ended their power-sharing agreement with the Greens.
A group of MPs have lodged an Early Day Motion calling for rent controls in the PRS to stem the threefold increase in rents during the last 34 years.
London mayor Sadiq Khan has vowed to build 6,000 new ‘rent control’ homes across London if he’s elected for a third term in next month’s election.
The Green Party is unlikely to win many votes from landlords after launching its manifesto ahead of a General Election later this year and the May 2nd local elections.