25% of households in Southampton rely on private landlords to keep over a roof over their heads. This week Ed Miliband announced that a Labour government would stand with them to stop them being ripped off.
This week Ed Miliband that a Labour government would stop families that rent being ripped off. Plans included banning landlords from terminating a contract simply because they wanted to raise the rent. The Tories came out against this: let us know what you think
Under the Tories even more families are having to rely on renting a home in the private sector. But the cost of renting has gone up, renters are getting a bad deal and nothing is being done to provide the certainty families need to plan for their future.
- Since 2010 rents have increased more than twice as fast as wages.
- Renters are now paying on average £1,020 more a year than in 2010, and they have no certainty about what will happen to their rent from year to year.
- Renters are also facing upfront letting fees which can cost up to £500 before any deposit is paid or any keys are handed over.
- Families that rent year after year are stuck in a private rented sector that has not caught up with the fact that nearly a third of all private rented sector households (1.3 million) are families with children.
- It can take those living in the rented sector up to 30 years to save for a deposit due to increasing costs of living in the sector.
Labour will stand up for those living in the private rented sector and make sure they get a fair deal. We understand that increasingly those renting a home aren’t just doing so as a temporary fix but families that want to put down roots and plan for the future. We will ensure the way the system works catches up with that reality.
- Legislate to make longer term tenancies with predictable rents the norm.
- Regulate letting agents so that instead of a free-for-all consumers get a fair deal.
- Crack down on complicated letting agents’ fees to ensure rip-offs do not happen
- Introduce a national register of landlords so councils can take action against the minority who exploit their tenants.