Five questions on: Rent controls

Hasn't the Labour Party promised to bring these in?

Yes. In a pre-election statement, Ed Miliband this week set out sweeping reforms of the private rented housing sector. The changes, he said, would help millions of households caught in the cost-of-living crisis.

What does Labour plan to do?

Mr Miliband promised: "A Labour government will ban letting agents from charging tenants. We will legislate to make three-year tenancies, not short-term tenancies, the standard for those who rent their homes in the private sector."

He added: "These new longer-term tenancies will limit the amount by which rents can rise each year, so tenants won't face the shock of rents that go through the roof."

Sounds like good news for renters but presumably not good for landlords?

Not at all. In fact it could be a big turn-off for buy-to-let investors, reckons Carole Charge of lettings specialist Leaders. "Labour's three-year tenancy proposals are unrealistic," she said. "They do not appear to give landlords the right to terminate the tenancy agreement. Without the right, most investment landlords would pull their property from the market."

What was the Tories' response?

Well, the Communities Secretary Eric Pickles actually announced a similar Tenants Charter last autumn to encourage longer fixed-term, family-friendly tenancies and raise standards in the private rented sector.

So both parties agree this time?

Of course not. Conservative Party chairman Grant Shapps said the Labour plan was a "short-term gimmick" and accused the Opposition of "political tampering". Despite his knee-jerk reaction, the issue is set to be firmly on the agenda come next year's general election. Depending on whether you're a landlord or tenant may yet determine which way you decide to vote then.

Independent Partners; request a free guide on NISAs from Hargreaves Lansdown

PROMOTED VIDEO
Life and Style
techApp to start sending headlines, TV clips and ads to your phone
Arts and Entertainment
Taylor Swift crawls through the legs of twerking dancers in her 'Shake It Off' music video
musicEarl Sweatshirt thinks so
Life and Style
tech
Arts and Entertainment
Daniel Radcliffe and Zoe Kazan in What If
filmReview: Actor swaps Harry Potter for Cary Grant in What If
News
Our resilience to stress is to a large extent determined by our genes
science
Finacial products from our partners
Property search
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs Money & Business

    Asset Finance Solicitor

    Highly Competitive Salary: Austen Lloyd: CITY - ASSET FINANCE - An outstanding...

    HR Analyst - Banking - Bristol - £350-£400

    £350 - £400 per day: Orgtel: HR Analyst - Banking - Bristol - £350 - £400 per ...

    Techincal Accountant-Insurance-Bank-£550/day

    £475 - £550 per day + competitive: Orgtel: Senior Technical Accountant-Insuran...

    Sales Performance Manager, Gloucester - £290 p/day

    £200 - £290 per annum + competitive: Orgtel: Sales Performance Manager, Key Ba...

    Day In a Page

    Ferguson: In the heartlands of America, a descent into madness

    A descent into madness in America's heartlands

    David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
    BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

    BBC faces corruption allegation over its Sir Cliff police raid coverage

    Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home
    Lauded therapist Harley Mille still in limbo as battle to stay in Britain drags on

    Lauded therapist still in limbo as battle to stay in Britain drags on

    Australian Harley Miller is as frustrated by court delays as she is with the idiosyncrasies of immigration law
    Lewis Fry Richardson's weather forecasts changed the world. But could his predictions of war do the same?

    Lewis Fry Richardson's weather forecasts changed the world...

    But could his predictions of war do the same?
    Kate Bush asks fans not to take photos at her London gigs: 'I want to have contact with the audience, not iPhones'

    'I want to have contact with the audience, not iPhones'

    Kate Bush asks fans not to take photos at her London gigs
    Under-35s have rated gardening in their top five favourite leisure activities, but why?

    Young at hort

    Under-35s have rated gardening in their top five favourite leisure activities. But why are so many people are swapping sweaty clubs for leafy shrubs?
    Tim Vine, winner of the Funniest Joke of the Fringe award: 'making a quip as funny as possible is an art'

    Beyond a joke

    Tim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
    The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

    The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

    Sadly though, the Lawrence of Arabia star is not around to lend his own critique
    Wicken Fen in Cambridgeshire: The joy of camping in a wetland nature reserve and sleeping under the stars

    A wild night out

    Wicken Fen in Cambridgeshire offers a rare chance to camp in a wetland nature reserve
    Comic Sans for Cancer exhibition: It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans

    Comic Sans for Cancer exhibition

    It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans
    Besiktas vs Arsenal: Five things we learnt from the Champions League first-leg tie

    Besiktas vs Arsenal

    Five things we learnt from the Champions League first-leg tie
    Rory McIlroy a smash hit on the US talk show circuit

    Rory McIlroy a smash hit on the US talk show circuit

    As the Northern Irishman prepares for the Barclays, he finds time to appear on TV in the States, where he’s now such a global superstar that he needs no introduction
    Boy racer Max Verstappen stays relaxed over step up to Formula One

    Boy racer Max Verstappen stays relaxed over step up to F1

    The 16-year-old will become the sport’s youngest-ever driver when he makes his debut for Toro Rosso next season
    Fear brings the enemies of Isis together at last

    Fear brings the enemies of Isis together at last

    But belated attempts to unite will be to no avail if the Sunni caliphate remains strong in Syria, says Patrick Cockburn
    Charlie Gilmour: 'I wondered if I would end up killing myself in jail'

    Charlie Gilmour: 'I wondered if I'd end up killing myself in jail'

    Following last week's report on prison suicides, the former inmate asks how much progress we have made in the 50 years since the abolition of capital punishment