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Rent caps

  • Starmer caps ground rents after fears of Rayner-led rebellion

    Politics

    Sir Keir Starmer has introduced a cap on ground rents following fears of an MP rebellion led by the former deputy Prime Minister Angela Rayner. The Prime Minister announced the new move – which will cap ground rents at £250 a year for leaseholders in England and Wales – on TikTok, saying it will “make [...]

    Starmer and Rayner embrace warmly, highlighting unity and camaraderie in a political setting, symbolizing partnership and ...
  • ‘Too late for rent caps’: East London rents jump 50 per cent since 2019

    Property

    Rental costs in London have skyrocketed over the past five years, and new data has shown that rental growth in the city’s historically-affordable east has risen the fastest. Prices have risen by around 50 per cent in Shoreditch, Bethnal Green and Haggerston to pass an average of £1,000 per month, according to data from Spareroom. [...]

    Savills recorded a profit uptick despite a slowdown in sales

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