Labour wants to ban tenant bidding wars - it’s easier said than done though

One eye-catching policy currently being proposed by the Labour party is a ban on “bidding wars” in the private rented sector. In many high-pressure housing markets bidding by competing prospective tenants, instigated by the landlord or letting agent, results in tenants agreeing to pay a considerably higher rent than originally advertised.

Labour proposes to require rents to be stated in all advertising and to make it unlawful for landlords or letting agents...