Ministers' Authority to Establish Rent Control Areas Enhanced in New Housing Bill
Wednesday, 27 March 2024, 14:42
Ministers' Authority in Rent Control
The proposed Housing Bill grants ministers the power to designate rent control areas, empowering them with authority over rental
- Assessments on rented properties by councils are mandated to evaluate the private rented sector's condition.
- This regulatory framework aims to enhance housing affordability through government intervention.
- Changes in rental pricing dynamics and regulatory landscape may impact tenants and landlords significantly.
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