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It’s time for rent control – Londoners certainly think so

London needs a new deal for the private rented sector, and that is why we are exploring rent control, writes James Murray

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Stratford in east London (picture: Getty)
Stratford in east London (picture: Getty)
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It’s time for rent control – Londoners certainly think so, says deputy mayor James Murray #ukhousing

The status quo has enormous downsides for a generation of Londoners – and so it cannot be an option to leave things as they are, writes James Murray #ukhousing

We commissioned YouGov polling in December last year which showed that more than two-thirds of Londoners want the government to cap how much landlords can charge their tenants.

The feeling among Londoners of all ages in favour of change is overwhelming.

For us at City Hall, the case is overwhelming, too.

Alongside building more social rented and other genuinely affordable homes, and making sure welfare supports people on low incomes with their housing costs, a system of rent control and stable tenancies is essential to tackling London’s housing crisis.

We desperately need more affordable homes.

We are building record numbers, and we are relentlessly making the case to government for the powers and money to do far more.

But as we do, it’s simply not fair to leave millions of Londoners who rent privately suffering insecurity and soaring rents for years with no immediate hope of a better life.


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That’s why at City Hall we are developing a blueprint of how the private rented sector should be overhauled. Our work focuses on tenancy reform – ending ‘no fault’ eviction and giving renters the right to open-ended tenancies – alongside a system to stop Londoners paying ever more on rents.

Such changes only seem radical in the London context. For many countries and cities around the world, a more regulated private rented sector has long been accepted.

In Scotland, Ireland, Berlin and Paris – and even in US cities such as New York – limits on rents and their increases exist already, and in some cases have done for years.

Systems from other countries cannot simply be ‘lifted and shifted’ wholesale into London’s unique context, but they offer valuable insights into what approaches might work in our city.

Other cities’ examples inform our plans, which we are developing with the New Economics Foundation and Karen Buck, MP for Westminster North and a respected campaigner and legislator for renters’ rights.

“The status quo has enormous downsides for a generation of Londoners – and so it cannot be an option to leave things as they are”

In developing the right approach for London, we are conscious of the knock-on effects that some systems of rent control can have.

We will consider what steps can help minimise any unintended consequences. But the status quo has enormous downsides for a generation of Londoners – and so it cannot be an option to leave things as they are.

Once we publish the blueprint in the coming months, we will urge the national government to follow its approach and implement radical changes to the private rented sector.

At City Hall, the mayor has no powers to implement the changes, but we will make the case forcefully that a workable and radical reform like ours is what private renters need.

James Murray, deputy London mayor for housing and residential development

At a glance: the different types of rent in London

At a glance: the different types of rent in London

Picture: Getty

Social rent: The amount of social rent a person pays depends on the location and size of the property, and is set according to a complex formula, but it is typically set at between 50% and 60% of market rent.

Affordable rent: Introduced by the coalition government in 2011, ‘affordable’ rent can be up to 80% of market rent, although many associations have been charging lower than this.

London Affordable Rent: A tenure introduced by Sadiq Khan that is lower than national affordable rent and based on target rent levels towards which social rents are gradually being raised. This makes it higher than average social rents in the capital, but in line with the rent that would likely be charged if a new social rent unit was built and set according to the same formula.

London Living Rent: A rental product aimed at middle-income Londoners introduced by Sadiq Khan, with rents set at one-third of average local earnings.

Target rent: A social rent level calculated by the government, which council and housing associations should use to move their social rents to over time.

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