Victory for tenants as Santander backs down on rent rise clause

In the face of co-ordinated action from renters’ groups across eight cities, Santander bank have confirmed that they’re backing down and removing a clause from their mortgage contracts that required buy-to-let landlords to “take all steps to ensure… the maximum increase in the rent which can reasonably be achieved”. They now say that they are “in the process of removing it from our terms and conditions.”

ACORN Organiser and tenant Jonny Butcher says: “With tenants facing a triple burden of insecurity, poor standards and already extortionate costs, Santander’s rent rise clause was making it harder for tenants to afford a home. This is another victory for renters power!”


About nothingiseverlost

"The impulse to fight against work and management is immediately collective. As we fight against the conditions of our own lives, we see that other people are doing the same. To get anywhere we have to fight side by side. We begin to break down the divisions between us and prejudices, hierarchies, and nationalisms begin to be undermined. As we build trust and solidarity, we grow more daring and combative. More becomes possible. We get more organized, more confident, more disruptive and more powerful."
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