Sadiq Khan pledges 6,000 new homes with rent caps linked to key workers’ pay

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Sadiq Khan pledges 6,000 new homes with rent caps linked to key workers’ pay
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He will promise to build the homes by 2030 and 'hold landlords to account on housing standards'

London Mayor Sadiq Khan has pledged to build 6,000 “affordable” rental homes, the cost of which would be linked to key workers’ salaries. will promise to build the homes by 2030 and use existing powers to cap the rent based on salaries in each area.argued rent controls “have never worked” but Labour sources said the policy was about funding homes with cheaper rents rather than capping existing private properties.

Existing local powers available to the Mayor would be used to make funding for the houses conditional on them being let out to tenants at a specific rent. The homes would be built by councils and housing associations, which will be responsible for identifying the land for development. Launching his New Deal for Renters in London on Friday Mr Khan is expected to say: “Renters are at the sharp end of the country’s housing crisis and need a Mayor who’s prepared to fight their corner.

“His hair-brained plan would worsen the housing crisis for Londoners and shows he simply isn’t listening.

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