One of the main problems facing people in Britain today is the availability and cost of housing. Many people have told me that they are really struggling to buy or rent a property in the current market. They are anxious about the risks of losing their home and the lack of security in their leases. Many parents are worried also about the ability of their children to find and afford somewhere to live when they become adults.
Labour is committed to building 200,000 homes a year by 2020 if we form the next government. We will also regulate the private rental sector by banning ‘letting agent fees’ on tenants and legislating to make three-year tenancies standard for those who rent their homes in the private sector. We’ll act on unpredictable rent rises too by putting a ceiling on excessive rent increases during the period of these longer-term tenancies. I believe that a more stable rental market will be good for both tenants and landlords.
I’d like to hear what you think and about your current housing situation – whether you own or rent. I would be grateful if you could take a few minutes to complete this survey below and let me know what you thinking about housing in your area.