New figures published by the Labour Party reveal that the soaring number of private tenants in Britain face upfront fees and deposits of £1,086 on average in the South West– before they even start paying rent. When rent is included the average upfront cost to tenants increases to £1,779.
New figures published by the Labour Party reveal that the soaring number of private tenants in Britain face upfront fees and deposits of £1,086 on average in the South West – before they even start paying rent. When rent is included the average upfront cost to tenants increases to £1,779.
Private tenants face upfront costs of £1,086 on average in the South West, Labour thinks this needs to change.
Labour’s survey of letting agents also revealed:
With 11 million people, including 1.5 million families with children, now living in the private rented sector, Labour has issued a fresh call for a better deal for private tenants by:
Labour is also calling on the Government to ensure that transparency of fees is robustly enforced.
Anne Snelgrove, Labour’s candidate in South Swindon, said: “These rip off costs are seriously impacting upon working people who are facing thousands of pounds in upfront costs but then face no stability, poor standards and rip-off letting agents fees.
We must do better than this for the thousands of private renters in this country, and only Labour has a plan for working families in Swindon.”
Emma Reynolds MP, Labour’s Shadow Housing Minister, said: “The Tories have nothing to offer Generation Rent but empty promises and more of the same polices that have delivered the lowest levels of house building in peace time since the 1920s.
“Labour has a better plan for working families. We will give private renters a better deal. A Labour Government will ban letting agent fees on tenants, introduce three-year stable tenancies, and put a ceiling on rent rises over the course of the contracts. Labour will also tackle the root causes of this crisis by getting at least 200,000 homes built a year by 2020.”