« Back to all posts

Rent controls set to be introduced in two cities – a ‘step in right direction’ says politician

Reposit NS
Email to a friend

Rent controls look set to be reintroduced in the UK

There is a proposal to bring in city-wide rent controls in Glasgow, while Edinburgh is likely to follow suit.

In April the Scottish government announced that legislation would give councils powers to create rent controls in ‘rent pressure zones’.

That power comes into effect in December and Glasgow SNP councillor Ruari Kelly has already put forward a motion to examine the feasibility of bringing in rent controls across the city.

It would mean rents would be capped for up to five years at the consumer price index plus 1%.

Cllr Kelly said the cost of private rents had risen 24% in five years, with the average rent in Glasgow now £755 per month.

Kelly said: “Rent pressure zones will give those in the private rental sector security in the knowledge that they will not have large increases in their rent sprung on them, while the city gets on with the task of building the affordable housing Glasgow needs.

“While this will not be the answer to all of the housing issues we face, it is a step in the right direction.”

Edinburgh City Council has confirmed it intends using the new power.

Email to a friend

Email the story to a friend

daily news
email from EYE

straight to your inbox

Join 20,000 industry colleagues
and subscribe to our free daily news email.

(You may unsubscribe at any time and we promise never to sell or pass on your email address)

Thank you! To complete the subscription, please click the link in the email we just sent you.

Hamilton Fraser NSemoovLANDMARK/SMARTVAL NSViewber 1 NSON THE MARKETRentmyhome NSPaypropHUNTERS NS - to June 2017NES NSEXPERT AGENT NSNFOPP SkyscraperTM trainingjobs board nsArena Push news story pages

[ comments ]

Source:: Rent controls set to be introduced in two cities – a ‘step in right direction’ says politician