Rent controls in London…?

first_imgThe Mayor of London, Sadiq Khan, has announced that he will develop a new blueprint for stabilising or controlling private rents in the Capital, as “part of his ongoing work to help London’s 2.4 million renters”.John Goodall, CEO and co-founder of Landbay, who believes rent controls will lead to a shortage of high quality rental accommodation in the capital, said, “Rent controls are likely to lead to a reduced investment into the rental sector and thus a further shortage of high quality rental accommodation. That will not lead to a positive outcome for London’s renters as they will find it harder to find decent properties.“The Mayor should be looking to find ways to encourage investment rather than political grandstanding that will end up harming those that he claims that he is trying to help.”Rent controls are a thing of the past in the UK, but further measures to reverse this trend will be laid out in Khan’s ‘London Model’, which is set to be published in spring 2019 – so any time now.legislation rent controls in London private rents Mayor of London Sadiq Khan February 7, 2019The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Rent controls in London…? previous nextRegulation & LawRent controls in London…?The Mayor of London, Sadiq Khan, has announced that he will develop a new blueprint for rent controls in the Capital.The Negotiator7th February 20190983 Viewslast_img

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