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Sadiq Khan to hold ’emergency summit’ as more than a third of tenants face default

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Sadiq Khan to hold 'emergency summit' as more than a third of tenants face default

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jump new City Hall The survey showed that as many as 40% Londonprivate tenants will have a hard time paying the rent in the next six months.

It comes as the average advertised rent in London has reached £2,343 a month, more than double that of other parts of the country.

Mayor of London Sadiq Khan is calling an “emergency” summit of tenants, charities and politicians on Monday morning to explore ways to tackle the growing crisis and justify a rent freeze in the capital.

Ahead of a key meeting on Monday, Sadiq Khan said it was “vital” to stand up for tenants in the capital as they faced the “triple whammy” of rising rents, accounts and the cost of basic necessities.

Mr Khan said: “There is nothing to waste, which is why we have come together today to speak with one voice. Our demands on ministers are simple: implement the long-promised reform of rent laws and act now to make rents more affordable for Londoners, using all the powers at the government’s disposal.’

Sadiq Khan

/ PA

A City Hall analysis revealed the scale of the private rental crisis in London, highlighting differences between other parts of the country.

For £2,500 a month – just £200 more than the average rent in London – a private renter could afford a six-bedroom family home in Birmingham. Meanwhile, £1,750 a month would be enough to rent a five-bedroom detached house in Wolverhampton.

Alicia Kennedy, director of Generation Rent, said: “When rents are on the rise for new tenancies, no private tenant can be safe. It’s all too easy for your landlord to demand higher rent when they know they can evict you and move you to someone else who is willing to pay it. People who don’t want to move are kicked out of their homes and forced to compete in this hellish market. And the cost of living crisis is making the situation even worse.

“The government can immediately reduce the rise in the cost of living for renters by freezing rents on existing rental properties and suspending Section 21 evictions so that landlords cannot evict simply to rent them out at higher rents.”

https://www.standard.co.uk/news/london/london-renters-landlords-rent-sadiq-khan-city-hall-b1039678.html

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