Stop unfair rent increases
In the last five years, private rents in Britain have increased at over twice the rate of the average salary. Londoner’s spend an average of 59% of their salary on rent, with the rest of the country still shelling out 38%. A Cosmopolitan survey found that over 40% of our readers need to work more than one job to afford their rent, and over 71% of readers have had to move home or in with family to afford to live.
Seems unfair, doesn’t it? Which is why Cosmopolitan magazine is doing something about it. As part of our Home, Made campaign – aiming to tackle the housing crisis now facing Millennials across the UK – we’re petitioning the housing minister Brandon Lewis to act now on the cost of renting.
Cosmopolitan is asking the housing minister to protect existing tenants from random rental hikes, by bringing rent increases in line with the amount that wages go up each year. Put simply: your rent should never go up at a higher rate than your annual salary does. We also want these increases to be set out in tenancy agreements from the outset, so that renters can plan and predict how their monthly outgoings will change.
The government has a list of rogue landlords and we believe this list should be made public. Sign this petition if you agree that renters should be able to see who their money is going to.
Finally, we’re asking for longer tenancy agreements – up to five years (with the usual get-out clauses for both landlord and tenants should it not work out), to give tenants more stability.
Want to shield yourself and others from shelling out unnecessarily in future? then sign our petition, and tweet us #Cosmohomemade
- Minister of state for Housing and Planning and Minister for London
Stop unfair rent increases
Dear Mr Lewis,
Please put an end to the unfair increases in private rents in the UK.
In the last five years, private rents in Britain have increased at over twice the rate of the average salary. Londoner's now spend an average of 59% of their salary on rent, with the rest of the country still shelling out 38%.
We request that you:
Bring private rent increases back in line with wage increases by ensuring that rent in the UK does not go up at a higher rate than annual salaries.
Ensure that any rent increases are set out in tenancy agreements from the outset so that renters can plan how their monthly outgoings will change.
Make public the government's list of rogue landlords so that renters can see who their money is going to.
Introduce longer tenancy agreements of up to five-years, with the usual get-out clauses, to give renters more stability.
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