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Vicky Foxcroft MP

Member of Parliament for Lewisham Deptford

London Rent Cap

Many constituents have contacted me recently urging the need for a London rent cap.

In recent times rents have risen to record levels – leading increasing numbers of families into temporary accommodation and exacerbating the homelessness crisis.

Due to a shortage of affordable housing in London, coinciding with work obligations, many landlords are exploiting the situation by charging high rents. Consequently, professionals are being pushed out of the capital and forced to make lengthy journeys to work each day. 

I firmly agree we must end insecurity for those renting in the private sector by controlling escalating rents and enhancing consumer rights for renters to create more secure tenancies.

At the 2017 General Election, I stood on a manifesto that pledged to cap rents in line with inflation, ban letting agency fees for tenants, as well as look into giving the Mayor greater power to provide additional security for London renters. We also pledged to reverse the cruel decision to abolish housing benefit for 18 to 21 year-olds, which risks putting more vulnerable young people on our streets.

I ensure I will keep up pressure on the Government to act on this issue and push for legislating a London rent cap. 

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