A £400,000 investment has been confirmed by the Mayor of London to support tenants in the capital before the Renters' Rights Act comes into effect.
The ‘Renters’ Rights Enforcement Fund’, announced yesterday by the Mayor of London, Sadiq Khan, will provide guidance for renters about their rights ahead of May 1, when the Renters' Rights Act becomes law.
As part of the package, organisations and boroughs will receive assistance in informing renters of their new rights. It will also see that enforcement officers are equipped with fund training that helps them implement the rules and take rogue landlords to task.
A statement from City Hall yesterday explained that the mayor has also reinforced his call for the devolution of rent controls, with fresh YouGov polling having revealed that three quarters of people in the capital would back a cap on the amount of rent that can be increased annually.
Further elements of the announcement include a commitment to ensuring 6,000 new rent-controlled homes for London key workers are being built by 2030, helping boroughs apply their licensing powers to boost standards, and increasing the use of technology to combat issues such as damp and mold.
Additional changes include plans to publish online Private Rented Sector (PRS) tools and checkers, offering help to renters to take rogue landlords to tribunal, and collaborating closely with the Government on the Renters’ Rights Act.
The fund will be supported by the rollout of a mayoral campaign next month, which will involve the use of Transport for London (TfL) advertising to notify Londoners of the adjustments.
The Mayor of London, Sadiq Khan, said the change to renters’ rights will ‘transform the lives of London’s 2.7 million renters’.
He added: ‘I will continue working with the Government to build new social and affordable homes with record funding, including 6,000 new key worker rent control homes.
‘I believe the next step is for Ministers to devolve the power to cap rents so we can tackle the capital’s problems of both affordability and supply. And the evidence is clear – Londoners would overwhelmingly back new plans to put a cap on rent increases in the capital.’
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