Home  London Property News  Mayor wants rent controls to help disenfranchised voters

Mayor wants rent controls to help disenfranchised voters

Reading Time: 2 Mins Read

The Mayor of London, Sadiq Khan, has made a renewed call for rent controls in London, following a City Hall report showing that private renters are less likely to register to vote in elections.

Mayor wants rent controls to help disenfranchised voters

 

The analysis revealed that areas of London with the highest number of private renters had the lowest proportion of citizens registered to vote. In Westminster, where just 64% of the population is registered to vote, 40% of households live in privately rented accommodation.

Nationally, figures from the Electoral Commission show that 94% of owner-occupiers are registered to vote, compared to 63% of private renters.

This could be because private tenants move more frequently – 27% of London renters moved last year compared to 3% of owner occupiers. According to the mayor, more stability in the sector would encourage people to commit to their communities’ long term.

Currently the mayor has no powers to introduce rent controls, but he is calling on the government to change the law and enable him to do so. City Hall proposals also include open-ended tenancies and a London Private Rent Commission, with renters on its board, which would introduce and enforce measures to reduce rents.

Mr Khan said: “London has more than two million private renters and they deserve the right to have a say in elections like everyone else. Private renters desperately need a better deal, and although I have no powers over the private rented sector, I have successfully joined campaign groups in getting the government to commit to scrapping ‘no fault’ evictions.”

“Now we need to hold ministers to that promise and make sure they go further by giving me to powers I need to introduce rent controls in London.”

Read more about this story on the Property Wire website.

 

Image credit – richardharriscoaching.com

Neil Jennings

Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.

Related Post

What To Look For When Buying A Buy To Let Property
Updates: 7 Mins Read
What To Look For When Buying A Buy To Let Property

Looking to buy an apartment for let in London? Here’s some factors you may want to consider.

The Letting Agent Fees Ban in the UK
Updates: 5 Mins Read
The Letting Agent Fees Ban in the UK

Landlords and letting agents are not allowed to charge any non-permitted fees to tenants, here we explain the Letting Fee Ban Act.

How to work out your property’s rental yield
Updates: 4 Mins Read
How to work out your property’s rental yield

How landlords in London who let their investment properties to families can generate an annual yield of over 4.5%