
Last month, Mayor of London Sadiq Khan repeated demands for the Government to freeze private rents and ban evictions, arguing that renters are facing a “triple whammy, with rising rents, bills and the cost of household essentials”. There is a reason that Khan — and others — have made these calls so many times. Renters in the capital are in trouble.
“The cost of London rentals has risen by an average of 16 per cent in the past year — more than anywhere else in the country, says Zoopla, while the London Renters Union found that increases of 30 to 50 per cent are increasingly common, with most renters struggling to pay.