Thank you for sharing your views on private renting in London, back in March. Over 1,400 of you took part in our survey.
Since then, the Mayor has published a blueprint report which sets out his vision for reforming London's private rented sector. This report makes a number of recommendations to national Government:
introducing open-ended tenancies (replacing replacing Assured Shorthold Tenancies), which would allow renters to end the tenancy whenever they wish to, providing they give appropriate notice to help the landlord prevent void periods – 68% of you thought this would be a good idea, and 62% of you thought that introducing open-ended tenancies would make renting more attractive
scrapping 'no-fault' evictions, so landlords can't evict tenants without a legitimate reason – 76% of you thought this was a good idea
increasing landlord-to-tenant notice periods to four months – 78% of you thought this was a good idea
mandating tenant relocation payments for ‘no tenant fault’ evictions – 66% of you said this would be a good idea
In drafting the private rental blueprint, the Mayor has acknowledged concerns landlords may have, as raised by some of you.
The report calls for significant reform of court processes and proposes new and improved possession grounds so that landlords can continue to let their properties with confidence.
Lastly, the monthly rental cost is overwhelmingly considered the biggest problem with renting – 70% of you said this and both renters and landlords alike agreed that cost is the biggest problem. This was echoed in the online discussion, where many of you asked for rent controls. In the blueprint report, the Mayor has asked for greater powers to design and implement an effective system of rent control in London.
City Hall’s housing team are working to improve London’s private rental sector. Check out the improving the private-rented sector page to see what else they are doing in this area.