Sadiq Khan calls for doubling of notice periods for tenants

Image above: Sadiq Khan

Mayor calls on Government to extend notice periods further than that of emergency Covid measures

Sadiq Khan is calling on the Government to double notice periods for private tenant evictions – raising the threshold to four months, as the cost of living crisis spirals and rents continue to increase in the capital.

The proposed changes would give tenants extra financial breathing space to access support and advice, pay arrears or save for a move before their tenancies end.

The Mayor is also calling for a two-year private sector rent freeze to help struggling renters, but if Ministers choose not to implement this, longer notice periods would at least provide an important respite for hard-pressed tenants, who often face higher rents when tenancies change hands.

Rightmove Rental Price Tracker indicates asking rents for new rentals in London are growing faster than anywhere else in the UK, up as much as 15.8% annually in the past three months. The Mayor fears this inflationary pressure will only grow as more people renew or move out of contracts that may have been kept at a lower price for longer due to the pandemic.

During the pandemic, the Government extended notice periods. Short notice moves impact most acutely vulnerable households, those with children or additional needs, and those on low incomes, as they often do not have savings to rely on, or have no alternative accommodation to move into before their tenancies end.

City Hall said the Government must revisit it’s decision not to extend notice periods as part of these reforms.

Private renters to be hit with “devastating combination” of rent and bill increases

The Mayor of London, Sadiq Khan, said:

“Nearly a third of Londoners are private renters, the majority of whom are set to be hit by a devastating combination of rent and bill rises in the coming months, with no sign rampant inflation is  slowing down.

“That’s why I’m calling on the Government to act urgently give Londoners breathing space by extending notice periods for tenants ahead of landlords taking possession of properties.

The Director of Generation Rent, Alicia Kennedy, said:

“With energy bills about to go sky high, renters cannot afford to be blindsided by an increase in their rent. London faces the real prospect of thousands of people being unable to find the money to cover rent, heat their homes and put food on the table.

“Renters are terrified, knowing they face a winter of destitution. Ultimately that will lead to a further rise in evictions and homelessness. Now is the time for the government to intervene and temporarily stop landlords from raising the rent, as well as pausing evictions to keep renters in their homes.”

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