Landlords are warning they may raise asking rents in high demand areas if long-awaited reforms unveiled in parliament on Wednesday turn parts of the private rented sector into “Airbnb Lite”.
A ban on no-fault evictions and brakes on in-tenancy rent rises in England will be among key changes in Labour’s renters’ rights bill, as first revealed last week by the Guardian. But landlords are warning of up to 10% hikes if expected flexible tenancies mean tenants can walk away from deals in just two months.