Renters are worse off than they were before Labour's Renters' Rights Act, analysis has shown. Labour's groundbreaking Renters' Rights Act promised to put power back into the hands of tenants with the biggest boost to their rights in a generation. The legislation, which came into force in May, introduced a raft of protections including an end to 'no fault' evictions, caps on rent increases and a ban on fixed-term tenancies. But just months on, Londoners are worse off than they were before – with soaring rents and a dwindling supply of properties making it harder than ever to find somewhere to live.They say landlords, who can no longer accept offers above the asking price to prevent bidding wars between prospective tenants, are now just listing tenancies at the highest rate they think someone will pay. Statistics show the average rent in the capital reached a record £2,791 per month in the second quarter of this year – a 2 per cent rise on the period from January to March. Rents outside of London also jumped 1.9 per cent to a monthly average of £1,397 in the period from April to June, property website Rightmove found.Laura Meyer, 28, told the Daily Mail she has found it impossible to find an affordable one-bedroom flat in south-west London since the Renters' Rights Act came in.