Housing Secretary Angela Rayner has stated that the government is not considering rent controls in England, citing the impact of the recently enacted Renters' Rights Act. This legislation aims to enhance tenant security and stability, making it more challenging for landlords to evict tenants and limiting rent increases to once a year.
With the Renters' Rights Act in effect, watch for shifts in tenant-landlord dynamics as eviction processes tighten. Monitor how the government's ambitious housing target evolves amid rising construction costs and potential reforms in property taxes that could reshape the market.