Government Rules Out Rent Controls Despite MP Pressure
UKPulse Property Desk
The government has confirmed it has no plans to introduce rent controls, despite calls from 26 MPs for such measures.
- The government has stated it has no plans to implement rent controls.
- Housing Secretary Angela Rayner is facing pressure from 26 MPs to introduce rent controls.
- The IFS has warned that rent controls could reduce housing supply and lower property prices.
The government has confirmed it will not be introducing rent controls, despite pressure on Housing Secretary Angela Rayner from 26 Members of Parliament. This stance comes amid warnings from the Institute for Fiscal Studies (IFS).
The IFS has cautioned that implementing rent controls could potentially lead to a reduction in housing supply and a decrease in property prices.