It never rains...

There has been a flurry of bad news for renters over the past few days. 

  • According to Homelet, rents have risen by 8.2% in the past year.
  • One in five Londoners has no disposable income at the end of the month, according to the Centre for London, which has coined the term "Endies" in their report, "Hollow Promise".
  • Shelter has found that the Bank of Mum and Dad is shelling out £23,000 on average to help their kids into a home of their own. 
  • The National Housing Federation has found that a first time buyer today has to raise a deposit 10 times bigger than their parents would have - after taking inflation into account.
  • And this morning, it's the turn of the Office for National Statistics to tell us that house prices have jumped 13.5% for first time buyers in the past year. That's another £5000 to find this past year alone - and the picture is even worse in London.

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Politicians are waking up to the fact that the 9 million private renters being shut out of home ownership and social housing need a stable, decent and affordable home. Only last week the government announced its support for a Bill to end revenge evictions

But we need to keep the pressure on - both to reform private renting and build more genuinely affordable homes. To do that we need your voice - so please sign up to the campaign.

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