Renters have demanded rent controls are introduced in London in a protest on the English capital’s biggest shopping street ahead of Christmas.
Around 500 tenants from London Renters Union rubbed shoulders with Christmas shoppers as they marched down on Oxford Street on Saturday (14 December) and piled up cardboard boxes to show their displeasure at London’s spiralling rents.
Private rents are at a record-high across the country but London’s rental market remains particularly pricey. Rents are increasing faster than anywhere else in the UK – up 10.4% in the year up to October according to Office for National Statistics – with an average rent of £2,172 per month.
Protesters called for the introduction of rent controls to prevent rents from rising further. While the Scottish government is planning to introduce rent controls as part of its Housing Bill, Sadiq Khan’s pleas to the Westminster government to cap rents in the English capital have so far been denied.
Elyem Chej, a spokesperson for the London Renters Union, said: “We are sick and tired of seeing our city carved up by the rich and powerful. It is disgraceful that ordinary people have to uproot their lives because a landlord or a developer thinks they can get more money. Home is the centre of our lives and our communities.
“Something so foundational to our city cannot be left to unaccountable landlords seeking ever higher profits. Rent control can take the pressure off renters right now while we continue to push for the public homes we need and deserve. We will continue to grow the power of our movement and fight until we win affordable homes for all.”