Area Feature

Local authorities across London are drawing up plans to make renting more affordable for residents, it has been revealed.

Camden Council is just one of the organisations that are considering introducing a form of ‘rent control’ to help it manage the cost of private housing in the borough.

This would cap the amount a landlord can charge for a property. The North London council has also commissioned the London School of Economics (LSE) to examine how the authority could help stabilise rent in the private sector.

The council is considering proposals to offer financial incentives to private landlords that agree to cap rent increases in line with inflation.

Julian Fulbrook, Camden’s cabinet member for housing, said this is part of a 'carrot and stick' approach where landlords would potentially be rewarded for cooperating with the scheme, and penalised for refusing to do so.

He added that the council was interested in experimenting with the idea of rent stabilisation in collaboration with private landlords.

One of the proposals it is considering is a scheme whereby private landlords would be offered loans for capital repairs to encourage them to sign up to its rent stabilisation scheme.

The LSE report is set to be published in the autumn and will examine ways to encourage landlords to offer longer-term lets to give families and older tenants more security in the private sector.

However, Camden is not the only organisation that is considering introducing this type of initiative.

Similar proposals are being put forward by other local authorities with talks being planned with the umbrella organisation London Councils about Camden’s plans.

Earlier this year, labour leader Ed Miliband said that the party may introduce caps on rent increases and introduce mandatory three-year tenancies in the private sector.

However, not everybody is in favour of the proposals.

Alan Ward, chair of the Residential Landlord Association, said the proposals would lead to fewer rented homes and damage the property sector.


Camden & NW1 Travel guides

Camden Town Car Travel

Central London M25 Gatwick Airport Heathrow Airport
3 miles - 11 mins 13 miles - 24 mins 39 miles - 1h 9 mins 19 miles - 34 mins

Camden Town Train Travel

Nearest Station Zone London Station
Camden Town 2 Stratford

Camden Town Tube Travel

Nearest Station Zone Tube Line No. Stops to Main Station
Camden Town 2 Northern Euston 2

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Just refurbished is this lovely spacious 2 double bedroom, 2 bathroom split level apartment with balcony and large roof terrace. Accommodation further comprises a large open plan reception, fitted modern kitchen, dressing room, ample storage and cloak room. Benefiting from good natural light, wood floors and neutral décor. Located in the heart of Camden from all its amenities within a short walk from Kings Cross & Regents Park. Easy access to Euston, Islington, Angel, The City & West End

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Studio to rent in Kentish Town Road, Camden, London, NW1

£975 per week

A very spacious & well located 5 bedroom house with a large separate reception room, fitted modern kitchen/diner, separate dining room, shower room, bathroom & rear garden. Conveniently located between Kings Cross & Euston within a short walk of Camden, Mornington Crescent, Bloomsbury, Russell Square & Holborn. Rent Inclusive of Heating, Hot Water & Gas.

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5 Bedroom Flat to rent in Coopers Lane, Camden, London, NW1

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2 Bedroom Flat to rent in Euston Road, Camden, London, NW1

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3 Bedroom Apartment to rent in Camden Road, Camden, London, NW1

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1 Bedroom Flat to rent in Plender Street, Camden, London, NW1

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1 Bedroom Flat to rent in Boston Place, Marylebone, London, NW1

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