Property News · August 19, 2015

Sky-high London rents prompt calls for new controls on landlords


With many Londoners paying at least half their salary in rent, politicians say urgent measures are needed to prevent a ghettoisation of the capitalLondon has become one of the most expensive cities in the world to rent a home, prompting politicians to call for New York-style controls on landlords.In 18 of London’s 33 boroughs, the median rent for a one-bedroom flat is more than £1,000 a month, statistics from the government agency that values properties for the purposes of council tax in England and Wales show. Continue reading…

Source : theguardian.com
Read more…Sky-high London rents prompt calls for new controls on landlords

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