ARLA slams Labour’s pledge to bring in rent controls if it comes to power

Letting Law, Property, Rent Control

ARLA has slammed Labour’s intention to introduce rent controls if it gets into power at the next general election. Shadow chancellor John McDonnell said in a speech which also promised 32-hour working weeks, that Labour would “cap rents and build a million genuinely affordable new homes so young people in particular aren’t pouring away thousands of pounds from their wages …

ARLA voices total opposition to introduction of rent controls and begs law-makers to reconsider

Market Report, Rent, Rent Control, Uncategorized

ARLA has said it is totally opposed to the introduction of rent controls in Scotland. The body has responded to a consultation on the Fair Rents Bill, which seeks to cap private rents across Scotland so that annually they cannot rise at over 1% above inflation. ARLA says in its response to the official consultation that rent caps will reduce …