Assembly calls for longer tenancies in London’s private rented sector

The London Assembly is calling for longer tenancies of at least five years and tax incentives for landlords who improve their properties, as part of a push to improve conditions for the growing number of Londoners living in the private rented sector.

About a third of the private rented sector in London – around 280,000 homes - fails to meet the “decent homes” standard used in the social rented sector, and one in three private landlords is considered to be “rogue”, leaving tenants at the mercy of poor conditions or sudden eviction.

At the same time, London’s boroughs are paying more than £400 million of public money to private landlords to house some of the capital’s most vulnerable households, sometimes in appalling conditions or with little or no security of tenure.

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