Labour said they will end rental bidding wars and look to countries like New Zealand which have implemented the policy successfully. But campaigners called on the party to go further and introduce rent controls to protect tenants from soaring prices.
The Labour Party has vowed to end rental 'bidding wars' as part of a crackdown on landlords if it gets into government. It said the measure would stop renters being pitted against each other 'in a fight to see who can offer up a bigger sum'. Election latest: More polls forecast huge Tory losses Bidding wars for rental properties have become increasingly common amid a chronic shortage of supply.
The Tories had promised to ban no-fault evictions in their 2019 manifesto, but earlier this year announced that the flagship pledge would be delayed indefinitely pending court delays - in what was widely seen as a concession to landlords. Campaigners say the evictions, which allow landlords to kick out tenants within two months for no reason, has fuelled a rise in homelessness - with one million of these notices issued since the Tories made the promise to ban them five years ago.
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