Survey Reveals Growing Support for Rent Controls Among Tenants
A survey by Leaders Romans Group reveals that nearly 45% of renters are calling on the new Labour government to introduce rent controls and improve rental affordability, underscoring a significant rift with landlords.
In stark contrast, only 10% of landlords, including those who rent out properties, support these measures.
Renters' View
"The new government must focus on making rent affordable. The escalating rental costs are making it hard for many families to get by."
Landlords' Concerns
"Rent controls and the end of Section 21 will push more landlords to sell their properties, leading to fewer rental homes and higher rents."
The survey also found that tenants and landlords share similar views on reintroducing the Help to Buy scheme, with about a third from each group in favour. Moreover, there is considerable support (60%) for reducing stamp duty among both tenants and landlords.
Experts remarked that the common concerns of tenants and landlords provide Labour with a clear direction. By addressing these issues swiftly, the government has the chance to create a fair and sustainable rental market. They also urge Labour to listen to these stakeholders and implement the necessary reforms.
The research also highlighted political preferences, showing that Labour gained more support from tenants, whereas landlords leaned towards the Conservative Party.
Specifically, 64% of landlords supported the Conservatives, compared to 17% of tenants. Meanwhile, 53% of tenants and 15% of landlords felt that Labour would better address their needs.
Frequently Asked Questions
FAQ
34% of tenants, 33% of individuals who are both tenants and landlords, and 30% of landlords support the reintroduction of the Help to Buy scheme as a priority policy.
Only 12% of tenants and 1% of landlords consider the Renters (Reform) Bill in its current format important.
Some respondents emphasized the need for a balanced bill that protects tenants from unfair evictions while safeguarding landlords' investments.