Mayor of London seeks new term on back of Rent Controls

The mayor of London will look in to supporting a campaign that will combat rising rent prices in London though as any person looking to get an extra term would do, the mayor said he can only make this happen if he is given a further term. The mayor who supports a second people’s vote and even if London was deemed to be a remain region over leave, then many others will turn away any support who own property portfolios who may start to see the pounds in their pockets decrease by further squeezing of landlords profits / patience.

The UK as a whole including London has a housing problem and mostly in affordable housing and rent controls is a good thing to turn away investors on residential properties and hand them back to people who simply want a home over an asset – Can rent controls really be enforced and to what degree will they make an effect on the average monthly rent costs?

President Trump has plans for a luxury estate build next to his golf course in Aberdeenshire – Shouldn’t affordable housing, no matter what penalty fee he will suffer if he doesn’t, be supplied with a degree of affordable housing as a set rule ie one rule for all?

It is said that two thirds of renters in London are in favours of pricing controls over rentals – Will that be enough to carry the decision through as not always a majority is a clear cut answer as we all know with the 2016 referendum?

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

NPPF review is a chance to fix planning, build homes, restore wildlife and help SMEs

The latest National Planning Policy Framework (NPPF) unveils an ambitious package of reforms designed to speed up the planning process and make smaller sites more viable. This includes trimming environmental regulations and cutting Building Safety Levy on smaller sites, as well as providing more funding to local authorities to process planning applications faster, whilst taking…
Read More
Letting Agent Talk

Five key tax mistakes made by landlords

By Allison Thompson, National Lettings Managing Director, Leaders Landlord tax is a hugely complicated area, so if you are investing in buy-to-let or renting out any property you own, it’s well worth consulting a specialist property tax adviser. They can help ensure you: a. Own, let, take income and realise gains from your investment in…
Read More
Breaking News

House prices post third consecutive quarter of growth

The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market continued to demonstrate positive momentum during the third quarter of this year, with house prices increasing for a third consecutive time, although the rate of growth seen did slow considerably when compared to the…
Read More
Breaking News

Estate agent predicts ‘Boxing Day Bonanza’ as property market reignites

A leading estate agent is forecasting a “Boxing Day Bonanza” for home movers. Brendan Kay, Managing Director of Parkers Properties in West Oxfordshire, says that the “market is coiling and about to spring” after months of inertia driven by Budget uncertainty. Brendan, who has offices in Witney and Eynsham, looks after clients in some of…
Read More
Estate Agents should not all look the same
Breaking News

Agent numbers set to grow by 4% in 2026

The latest research from The Property DriveBuy reveals that the number of estate agency businesses in the UK could be set to increase by over 4% in 2026, marking another year of solid expansion for the sector and further increasing the level of market competition. Property DriveBuy analysed available Office for National Statistics data (2017-2025)…
Read More
Breaking News

Rental supply climbs 15% despite landlord uncertainty

The latest research from Dwelly has found that, despite what has been an incredibly uncertain year for landlords – marked by political back and forth over the Renters’ Rights Act, its eventual approval, and the additional 2% tax hit delivered in last week’s Autumn Budget – there are currently 15% more rental homes available to…
Read More