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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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Private sector rent controls: Key facts and stats

  • Rent controls first introduced by the 1915 Increase of Rent and Mortgage Interest (War Restrictions) Act
  • Between the 1945 and 1991 the private rented sector declined to 7 per cent of the market
  • 1988 Housing Act deregulated rents on new lettings
  • By 2013 the private rented sector made up 16.5 per cent of all 3.8 million households in England.
  • More than 1 in 7 renters who used a letting agency paid £500 or more in fees
  • More than 9 million people rent from a private landlord in England
  • Proportion of households living in private rented sector has risen by 80 per cent since 2000

(Figures provided by Shelter and the House of Commons library)

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