Sadiq Khan

Mayor calls for “fundamental change” to London private rented sector

Sadiq Khan (pictured above) has published a landmark report setting out how the private rented sector should be transformed to introduce rent control and open-ended tenancies in the capital.

The mayor of London hopes to establish a new London Private Rent Commission which will enforce measures to reduce rents and keep them at lower levels and is calling for interim powers to limit rent increases within and between tenancies.

Khan hopes to put in place a universal register of landlords and rents, which will be used by the commission to design an effective system of rent control and set out plans for how existing rents should be reduced.

The register would also recommend incentives to encourage investment in the rental housing supply.

“It is high time for private renting in London to be transformed — Londoners need fundamental change that is long overdue,” said Khan.

"Unlike other mayors around the world, I have no powers over the private rented sector.

“That's why this landmark report sets out a detailed blueprint of what the government must do to overhaul tenancy laws, and what powers City Hall needs from them to bring rents down.”

Karen Buck, Labour MP for Westminster North, added: “The private rental sector has an important part to play in London’s housing supply, but for too many tenants high rents, insecurity and variable quality mean it does not meet their needs.”

Leave a comment