This is the official campaign website for a London Rent Cap.
We all know that rents are unaffordable in London. We need a rent cap so:
- Families don’t have to choose between food or rent
- People can afford to live in the city with the most jobs in the UK
- There is less incentive to become a buy to let landlord, thus allowing first time buyers more opportunities to buy properties
Most young people who work in London know that they will have to move far out of London if they want to have a family as rents for family size properties are so high e.g. £350 a week for a three bedroom property.
London should not only be affordable to the rich or to those who are lucky enough to own homes.
You can sign the campaign petition on 38 Degrees website here. We currently have over 70,000 signatures. Let’s try and increase it to 100,000!