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Bring back rent control (The Fair Rent Act)

Submitted on Monday 20th July 2015

Published on Monday 27th July 2015

Current status: Closed

Closed: Wednesday 27th January 2016

Signatures: 542

Tagged with

Tax

Petition Action

Bring back rent control (The Fair Rent Act)

Petition Details

Our Government is concerned with the escalating cost of Housing Benefit. I believe that the spiralling cost is mainly due to the removal of any sort of rent control and the growth of the buy to let market.

Additional Information

When linked together buy to let and Housing Benefit can be seen as the tax payer funding the purchase of property by private landlords. If the Fair rent Act was re-introduced landlords would no longer be able to pass on the full cost of purchasing properties to their tenants and in the case of those receiving Housing Benefit, the tax payer. This would make renting cheaper and lower the bill to the tax payer.


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