Sadiq Khan again calls for rent controls as costs soar in Islington by £3,000 a year

Sadiq Khan has called for rent controls in London. Picture: Dominic Lipinski/PA

Sadiq Khan has called for rent controls in London. Picture: Dominic Lipinski/PA - Credit: PA Archive/PA Images

Renters in Islington are paying £3,000 a year more than they were in 2012, new figures show.

The average private rent for the borough has increased from £1,473 per month in 2012 to £1,733 per month this year, a rise of £3,120.

The stats were published by City Hall, and mayor of London Sadiq Khan has reiterated calls for rent controls in the capital as first laid out in his Reform Private Renting report this summer.

His proposals include establishing a new London Private Rent Commission, with renters on its board, to implement and enforce measures to reduce rents and keep them down.

Other recommendations include introducing open-ended tenancies and increasing landlord-to-tenant notice periods to four months.

You may also want to watch:

Mr Khan said: "Ever-increasing rents are hitting Londoners hard.

"My plans set out how rent control would be carefully designed to bring down rents for Londoners whilst making sure there is investment in new and existing housing."

Most Read

The mayor has no control over rents, but has demanded the government gives him more power to bring London in line with other major cities such as Berlin and New York.

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter