Miliband pledges cap on private rent rises

Labour would cap private sector rent rises, ban letting agents charging tenants fees and introduce three-year tenancies, Ed Miliband will promise as he launches the party's campaign for the European and local elections.

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Miliband makes pledge to 'Generation Rent'

Ed Miliband will set out a series of proposed reforms to the private rented sector, declaring that "Generation Rent" has been ignored.

Labour's proposals include:

  • Landlords restricted to one rent review a year and required by law to keep it below a set level.
  • Charges imposed on tenants by up to 94 percent of agents - reaching as much as £500 - would be banned.
  • Tenants would get a three-year deal so long as they paid the rent on time and were not guilty of anti-social behaviour in the first six months.
  • Landlords could only serve tenants with two months' notice to leave with "good reason".

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