LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Labour rules out giving mayors power to impose rent controls – report – London Wallet

Mark Helprin by Mark Helprin
August 16, 2024
in Real Estate
Labour rules out giving mayors power to impose rent controls – report – London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Buy-to-let lending rises sharply in first quarter of 2025 – London Wallet

Chancellor warned of housing market stagnation without urgent reform – London Wallet

Big nine regional office markets see strongest H1 take-up in six years | Property Week



Sadiq Khan

The Labour government has ruled out rubberstamping powers for regional mayors to impose rent controls on private tenancies, according to a report.

Speculation has surrounded the possibility of caps or freezes being introduced by the likes of London mayor Sadiq Khan, but according to the Evening Standard, the government has said it has “no plans whatsoever to devolve rent control powers”.

The newspaper also quotes a spokesperson from the Ministry of Housing, Communities and Local Government (MHCLG) as saying that “there have been no conversations with the Mayor of London about introducing rent controls”.

Khan has in the past argued for a two-year freeze on private rents in the capital, but the Evening Standard said a spokesperson for the mayor confirmed that no discussions had been held on the topic, and added that rent controls were “not currently a priority for Mr Khan in his negotiations with ministers”.

The spokesperson for the MHCLG told the Evening Standard: “Lack of supply is fuelling the housing crisis, and we are taking action to boost housebuilding. We will work closely with the mayor and boroughs so we can increase housing delivery in London.”

Earlier this week, the National Residential Landlords Association (NRLA) warned that rent controls “would be a disaster for tenants”.

Ben Beadle, chief executive of the NRLA, said: “All [rent controls] would do is choke off supply further, undermining what little choice tenants currently have when looking for somewhere to live.”




Daily news email from EYE

Enter your email below to receive the latest news each morning direct to your inbox.





Source link

Share30Tweet19
Previous Post

What is currently happening in the UK property market? – London Wallet

Next Post

Transfer news LIVE! Merino to Arsenal latest; Chelsea push for Osimhen

Mark Helprin

Mark Helprin

Recommended For You

Buy-to-let lending rises sharply in first quarter of 2025 – London Wallet
Real Estate

Buy-to-let lending rises sharply in first quarter of 2025 – London Wallet

July 24, 2025
Chancellor warned of housing market stagnation without urgent reform – London Wallet
Real Estate

Chancellor warned of housing market stagnation without urgent reform – London Wallet

July 24, 2025
Big nine regional office markets see strongest H1 take-up in six years | Property Week
Real Estate

Big nine regional office markets see strongest H1 take-up in six years | Property Week

July 23, 2025
Knight Frank appoints Roper to strengthen London lease advisory team | Property Week
Real Estate

Knight Frank appoints Roper to strengthen London lease advisory team | Property Week

July 23, 2025
Next Post
Transfer news LIVE! Merino to Arsenal latest; Chelsea push for Osimhen

Transfer news LIVE! Merino to Arsenal latest; Chelsea push for Osimhen

Related News

Some stocks could see further downside as investors sell to save on taxes, Morgan Stanley found

Some stocks could see further downside as investors sell to save on taxes, Morgan Stanley found

October 8, 2024
Colliers to seek occupiers for MediaCity buildings

Colliers to seek occupiers for MediaCity buildings

September 6, 2023
UK to sign migration deal with Serbia as Lammy visits Western Balkans

UK to sign migration deal with Serbia as Lammy visits Western Balkans

April 2, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?