Dudley MP Ian Austin has backed plans to support the rising number of people who rent their homes privately in the Black Country.
The number of Black Country residents living in the private rented sector is set to reach 107,000 in the next six years, almost twice as many as in 2001. More than one in ten already rent their homes privately in the region.
A study by the National Housing Federation in December last year revealed that almost a third of private renters in Britain are struggling to pay for their home, with rents rising by as much as 39 per cent in the next six years.
Austin is calling for a ban on letting agent fees and 3-year tenancies as standard with caps on rent rises for their duration to give renters more stability.
Ian Austin said:
“Black Country families who are renting their house have told me they face rip-off letting fees and rents that can jump up from one year to the next.
“This will be a growing problem with the number of private renters in the region set to double within twenty years.
“The government’s not taking action, but families need long-term security so I want to ban massive letting fees and make three-year tenancies with rent caps the standard.”