Following recent calls from London Mayor Sadiq Khan to establish rent controls in the capital, a London council has now passed a motion to lobby the government for rent control powers in Lambeth.
Concerns have grown as the capital sees ever increasing rents. Speaking on the matter, councillor Becca Thackeray said:
“Since 2010 the average rent has risen to three times more than the average income…Lambeth must put pressure on central Government to hand over the power to control sky-high rents. ”
You can read more on this story over at Property Industry Eye here.
