Mon, 31 Mar 2025

Mon, 31 Mar 2025 'Greedy landlords are cashing in and forcing us out of town'

Some locals say rent hikes prompted by an influx of construction workers are pricing them out.
Some key points from the article include: 1. Rising Rent Prices: Many landlords are charging high rents, with some advertised at £3,000 or more per month. This is largely due to the demand for short-term accommodation solutions catering specifically to Sizewell C workers. 2. Accommodation Demand Spread: The director of Suffolk Coastal Estate Agents and Sizewell Lettings, Tim Day, predicts that demand will soon spread beyond Leiston as workers begin to travel in on park-and-ride buses from nearby towns. 3. Council's Response: East Suffolk Council is working with landlords to ensure rental prices remain affordable and has a dedicated team to mitigate any negative housing impacts from the construction. 4. Local MP's Concerns: Suffolk Coastal Labour MP Jenny Riddell-Carpenter believes that Sizewell C and the council need to work together to ensure that people in Leiston benefit from the opportunities of the new plant, rather than just private landlords. The article also mentions various other stories:
* The National Residential Landlords Association argues that rent increases reflect the rising costs of providing quality accommodation and the scarcity of available homes.
* A group of property agents were found to have targeted vulnerable renters in east London.
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