Concerned by the cost of living in London, Ken Livingstone is making some big pledges in his 2012 Manifesto for the London Mayoral elections on May 3rd.
Amongst other things, he promises to “establish an all-London non-profit making lettings agency which, by cutting out Estate Agents’ profit, will help reduce rents and provide secure tenancies” and to campaign for a London Living Rent, as Ken believes that “no Londoner should pay more than a third of their income in rent”. He will also create a Tenants’ charter that sets the minimum standard for rental accommodation.
His proposals are aimed at not only the social rental sector, but also the private rental sector.
Other measures include using Ken’s planning powers to “block the destruction of social rented or other affordable housing without replacement that meets local housing needs”. There is also a list of measures for increasing the supply of new housing, drawing strongly on the ideas of the London Labour housing group.
For more information on Ken Livingstone’s manifesto click here