Labour leader Jeremy Corbyn has set out plans to introduce a new Tenants’ Rights Charter to increase protection for tenants in private rented housing if he is elected as the UK’s Prime Minister at the next general election.
The charter would include a guarantee of three year contracts and protections against “unreasonable” rent hikes and unsafe living conditions.
The housing plan is the latest in a string of policy announcements made by Corbyn as he attempts to beat off a challenge to his Labour leadership from Owen Smith.
Corbyn has previously proposed extending right to buy to tenants in privately owned housing, due to growing concern that the housing market has become unaffordable for young people.
Among his other new housing policies, Corbyn has promised that a future Labour government would build one million new homes before the end of its first Parliament at a cost of around £10bn, ensuring that around half of the homes built are council properties.
Corbyn said: “Successive governments have failed to fix our broken housing market. Decent housing is a basic human need affecting everything we do and is a significant factor on stress and mental health.
“Our homes are where we should feel safe, yet for too many people housing is a source of anxiety – not security. “And to a whole generation of our young people, the security of home ownership is rapidly becoming an impossible dream.
“That is why the next Labour government will reverse a generation of underinvestment in housing, particularly council housing, and give the chance of a decent, secure, affordable home back to every family and citizen.”