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From The Socialist newspaper, 28 November 2018

The Tories' letting fee ban is full of holes - we need rent controls and council homes!

Houses, photo Chmee2/CC, photo Chmee2/CC

Houses, photo Chmee2/CC, photo Chmee2/CC   (Click to enlarge)

Hannah Davis, Birmingham Central Socialist Party

The Tories have recently announced a bill to end letting agency fees, as well as capping deposits at a maximum of six weeks' rent.

While looking for a flat this year, I was stunned at a list from one agency quoting 497 for administration fees. This was excluding the deposit, first month's rent, and a 48-hour holding fee - which would have added over 1,000 to that total.

This is only one example of the money-grabbing reality of renting in Britain today, with 11.5 million people renting private homes in England alone. One in four households will be renting privately by the end of 2021, says estate agency Knight Frank.

The Tories' bill pledging to tackle these kinds of fees is a desperate attempt to claw back votes under the pretence of doing something about the housing crisis. This shows how vulnerable they are on this and other issues.

However, the bill fails to ensure the loss in fees is not passed on to tenants in other ways. For example, landlords and agents who only ask for a month's rent as deposit could raise this to the six-week maximum. And there is nothing to stop them raising rents in response, meaning even more unaffordable homes.

As well as this, the bill does nothing to stop the shocking fees landlords and letting agents can charge during tenancies and when you leave the property. For example, Shelter reports that some landlords have been charging 20 an hour for maintenance, and an anonymous letting agent says it's about 50 just to come out to the property!

The Socialist Party supports banning letting agency fees - but we mean all fees. This should be linked to compulsory landlord registration to ensure standards, and rent controls to end the landlords' and bankers' racket.

Nationalisation of building companies and land would allow us to build quality homes for all. But local councils can - and must - build council homes now. By using reserves and borrowing, they could start tackling the housing crisis and build a campaign to win the needed funds from central government.

Tories out! For affordable homes for all, and an end to privatisation of social housing and gentrification!

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In The Socialist 28 November 2018:


What we think

End Tory misery - general election now!

For a socialist alternative to the EU - mobilise to kick out the Tories!


International socialist news and analysis

Eyewitness: French protesters seize streets against President Macron

San Francisco Bay Area's toxic smoke crisis and capitalism's mismanagement

Workers at the forefront of the new wave of protests in Iran


News

Haringey 'Corbyn council': end the secrecy and confusion - lead a fight against the cuts

The Tories' letting fee ban is full of holes - we need rent controls and council homes!


Workplace

PCS Left Unity election: All votes should count

Cammell Laird shipbuilding workers strike against job cuts on merseyside

College lecturers in Wales strike against low pay and workload

Black Friday day of action against Amazon


Environment

We need system change to halt climate change


Socialist Party reports and campaigns

Islwyn Labour Party calls for council no-cuts budget

Scrap the Tories' Universal Credit now!

Reclaim the Night marches condemn violence against women

King George A&E faces closure again

Southampton: Join the pledge to resist cuts

"Horrendous" - Bristol's privatised buses

Nat West's benefit-claimant eviction policy


Opinion

Wonderful socialist play finds Edwardian poverty not in past

End "poverty, ill health and despair":a benefits adviser speaks out against the cuts

Trump is capricious and dangerous - but is he really in charge?


 

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