This morning, the Office for National Statistics revealed the latest miserable house price index. People who want to buy their first home must now pay 10.5% more than they would have a year ago - a figure that rises to 17.5% in London.
Alex Hilton, Director of Generation Rent, said:
“Two thirds of private renters would rather be living in a home they own than paying off their landlord’s mortgage. Double digit house price inflation is miserable news and wipes out government efforts on affordable housing. For 9 million renters, higher prices only means even higher rents as new landlords try to make a return on their increasingly expensive investments.”
Tell your MP that private renters want an alternative – sign up today.
Got a question? Email us [email protected]
If you’ve got a question about your rights as renter, check to see if we’ve already answered it on our Know Your Rights page.
If you’re a journalist, click here.
Reach the team:
Bismah Naqui – 07498926134
Nye Jones – 07590720116
Generation Rent is the operating name of the National Private Tenants Organisation Limited. | We are a Company Limited By Guarantee, registration number 08731888. | Generation Rent, c/o Read Milburn, 71 Howard Street, North Shields, NE30 1AF
Let us know using the form below, and we’ll try to find out
Generation Rent can’t offer advice about individual problems. Here are a few organisations that can:
You might also find quick but informal help on ACORN’s Facebook forum, and there are more suggestions on The Renters Guide.
