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Generation Rent campaign group faces closure

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A campaign group that has launched numerous attacks on letting agents faces a funding battle to stay afloat.

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Mortgage provider’s charity withdraws funding from Generation Rent. Tenants’ campaign group losing battle to raise £60,000 it needs to survive.

Generation Rent – which says it “represents the UK’s 11 million private tenants who face the highest housing costs, the least stability and the worst quality housing” – was funded by the Nationwide Foundation, part of the mortgage provider group.

But that income stream has now ended and Generation Rent is now asking its supporters to raise the £60,000 it needs to survive.

A crowdfunding appeal was launched, which claimed: “There is a real danger that the campaign will simply vanish, and with it the national voice of private renters in the media and political debate.

“We are working hard to secure new sources of long-term funding, but this will take months and we need your help now. We need to raise £60,000 by 31 August.”

However, the appeal netted just £18,000 by the time it closed.

The group, which has campaigned against revenge evictions and tax breaks for landlords, lost its high-profile leader Alex Hilton in May when he resigned shortly after the general election.

For more information, click on the link below:

Letting Agent Today

Neil Jennings

Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.

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