The Mayor of London, Sadiq Khan, will develop new rent control proposals for the capital to tackle spiraling private rent costs. Labour MP for Westminster North Karen Buck is to join Deputy Mayor for Housing James Murray to create the blueprint for rent stabilisation or control laws in a bid to tackle the affordability crisis. The Mayor has promised to lobby for the plans to be implemented by Westminster if he is no longer in power by the time of their completion. Private rents in London rose by 38 per cent between 2005 and 2016, with average prices for a one-bedroom flat now more than the average for a three-bedroom home in other English regions.

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