NetRent

Rent controls in Wales loom as political alliance is unveiled

Lettings agents in Wales face the growing likelihood of rent controls being introduced within the country’s borders.

The revelation follows an expected announcement this week jointly by the Welsh Labour government and nationalist party Plaid Cymru that it is to enter into a loose political alliance.

This will see the two parties work together jointly on a range of issues following talks this summer on areas of mutually-beneficial join cooperation, including rent controls.

These will take the form of a rent cap, Labour has said previously, preventing rents from being raised more than inflation each year.

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