Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
The Labour Party Manifesto 2017 promises to end insecurity for private renters.
The Party pledges to control rent increases (Rent Controls) and introduce new consumer rights for tenants with more secure tenancies and more Landlord Licencing.
This section of the document states:
“Labour will make new three year tenancies the norm, with an inflation cap on rent rises. Given the particular pressures in London we will look at giving the Mayor the power to give renters in London additional security. We will legislate to ban letting agency fees for tenants.
We will also empower tenants to call time on bad landlords by giving renters new consumer rights. Renters are spending £9.6 billion a year on homes that the government classes as ‘non-decent’. Around a quarter of this is paid by housing benefit. A Labour government would introduce new legal minimum standards to ensure properties are ‘fit for human habitation’ and empower tenants to take action if their rented homes are sub-standard.
We will reverse the cruel decision to abolish housing benefit for 18 to 21 yearolds, which risks putting even more vulnerable young people on our streets.”
Click Here to see the full document
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More