Co-Op Bank gets in bed with Shelter to make wild claims

Co-Op Bank gets in bed with Shelter to make wild claims

9:37 AM, 19th July 2023, About 11 months ago 22

Text Size

First, it was a claim by Generation Rent that families are being evicted every 15 minutes – but now Shelter has gone one better by saying a family is evicted every EIGHT minutes in England.

The charity says it has calculated the figure by using the number of families living in the private rented sector from the English Housing Survey – which is 188,000 families over the last three years – and surveyed private renters to conclude that 172 families are being served with a Section 21 notice every day, or one every eight minutes.

That’s despite the same government survey revealing that just 4% of tenants are asked to leave or are evicted by a landlord.

And most tenants – that’s 77% – ended a tenancy because they wanted to move home and not because they were evicted.

Housing charity teamed up with Co-Op Bank

In May, the housing charity teamed up with Co-Op Bank and they will stage a PR stunt in Parliament Square which will see home moving boxes being used to illustrate the number of families having to move home.

And Shelter has slammed the lack of progress Renters (Reform) Bill which will see the abolition of section 21 notices, because there is still no date for a second reading as ‘unacceptable’.

It says the government is ‘failing renters’.

Eviction figure has been extrapolated from a survey

Shelter’s figure for evictions has been extrapolated from a survey it carried out with YouGov of 1,910 renters in England, which includes 489 who have dependent children.

It reveals that nearly a fifth of tenants have moved at least three times in the last five years – and this shows that private renting is ‘insecure’, the charity claims.

Shelter’s chief executive, Polly Neate, said: “The government is failing renters by stalling on the Renters (Reform) Bill.

“For each day that MPs are off on their six-week summer break, another 172 families will be hit with a no-fault eviction notice, giving them just two months to pack up and leave their home.”

Lack of affordable social homes

She highlights that rents are rising quickly and there is a lack of affordable social homes and evicted families will have to ‘scramble’ to find a home to rent.

Ms Neate said: “Many parents will be forced to overpay and accept dire conditions, or deal with the prospect of becoming homeless.

“It is unacceptable that the Renters (Reform) Bill has made no progress in Parliament, when the very eviction notices the government promised to ban years ago are continuing to land on people’s doorsteps in their droves.”

She added: “The government must bring back the Bill as soon as Parliament returns. England’s 11 million private renters are depending on it.”

‘Why we’re campaigning on this issue alongside Shelter’

The chief executive of Co-Op Bank, Nick Slape, said: “Fighting poverty and inequality across the UK is extremely important to our customers, and that’s why we’re campaigning on this issue alongside Shelter.

“We were encouraged to see this Bill brought to Parliament, but we need to see tangible action from the government now. Families across the country are depending on it.”

A spokesperson for the Department for Levelling Up, Housing and Communities said: “Our landmark Renters (Reform) Bill will deliver a better deal for renters and landlords.

“We are abolishing section 21 ‘no fault’ evictions, giving tenants greater security in their homes and making it easier for landlords to get rid of antisocial tenants.”


Share This Article


Comments

Gromit

9:48 AM, 19th July 2023, About 11 months ago

Another virtue signalling bank to avoid doing business with.

Harvey Glenn

10:30 AM, 19th July 2023, About 11 months ago

Nick Slape CEO of Coop Bank was paid £2.4m in 2021. The bank also offers btl mortgages but I doubt they are at low interest rates to help landlords keep their rental properties available to PRS tenants rather than having to sell them off

Dylan Morris

10:31 AM, 19th July 2023, About 11 months ago

“making it easier for landlords to get rid of anti social tenants” they keep saying this but……..how will it be easier ? They never say. How exactly will it be easier to evict through the Courts ?

TheMaluka

10:34 AM, 19th July 2023, About 11 months ago

Reply to the comment left by Gromit at 19/07/2023 - 09:48
I'm rapidly running out of acceptable banks!

Dylan Morris

10:35 AM, 19th July 2023, About 11 months ago

Reply to the comment left by Gromit at 19/07/2023 - 09:48
Why on earth are banks getting involved in politics ?

Ma'at Housing Solutions

10:36 AM, 19th July 2023, About 11 months ago

I consider it fair and reasonable for the Private rental sector to challenge the statistical information Shelter has provided with factual/ statistical information and not from an emotive stance.
After 25+ years working in homelessness and housing sadly I know that the possibility of " an eviction every 15 mins " is actually not that inconceivable.
As much as many prs landlords may not wish to consider that to be truthful/ factual, equally there are many landlords who know they conduct unlawful evictions as the norm!
Its not fair either to conflate the figures for TENANTS WHO END THEIR TENANCY with TENANTS WHO ARE EVICTED.
( 77% quoted in the article).
Property 118 I love the articles etc. but please let's maintain balance.
The relations between the PRS, Tenants and local authorities can be vastly improved and more than anyone, it is the local authorities which should be taking the lead on this!

Churchills Tax Advisers

10:37 AM, 19th July 2023, About 11 months ago

Presumably all this new legislation and landlord bashing will encourage more rental housing stock and reduce rent.

I don't thinks so........

Ma'at Housing Solutions

10:39 AM, 19th July 2023, About 11 months ago

Reply to the comment left by Dylan Morris at 19/07/2023 - 10:31
By increasing the grounds for anti-social behaviour is all I seem to have ascertained from the Bill?!

John MacAlevey

10:49 AM, 19th July 2023, About 11 months ago

..some time ago but not forgotten.

The Observer
The Co-op scandal: drugs, sex, religion … and the humiliation of a movement
Revelations about the behaviour of former Co-op Bank chairman Paul Flowers are very bad news not just for the Methodist minister, but for mutual societies in general – as well as Labour

Dylan Morris

10:52 AM, 19th July 2023, About 11 months ago

Reply to the comment left by Ma'at Housing Solutions at 19/07/2023 - 10:39
So what grounds are being increased ?

1 2 3

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Tax Planning Book Now