9:26 AM, 22nd August 2023, About a month ago 67
A survey of private renters has found that 51% of them are just one missed ‘pay cheque’ away from being made homeless.
The findings from Shelter also found that more than a third said they did not have enough savings to cover their rent if they were to face unemployment.
The charity’s study also reveals that 55% of renters have seen a rent increase in the past year with demand from tenants outstripping landlord supply.
Shelter says its recent findings show a deterioration in the private rented sector since a 2021 survey revealed that 39% of tenants did not have enough in savings to pay rent.
Shelter’s chief executive, Polly Neate, said: “The severe lack of social homes means swathes of people are barely scraping by as they’re forced to compete for grossly expensive private rentals, because there is nothing else.
“With food and household bills continuing to surge, the situation is precarious for thousands of renters who are one pay cheque away from losing their home, and the spectre of homelessness.”
She added: “The time for piecemeal policies is over. To jam the brakes on the housing emergency, we need a genuinely affordable alternative to private renting.
“We know social housing works for most people because it’s secure and the rents are tied to local incomes.
“Instead of empty words, the government and every political party must sign up to building thousands more social homes.”
A government spokesperson said: “We have a strong track record of delivering affordable homes to rent and buy across the country.
“Since 2010, we have delivered over 659,500 new affordable homes through our £11.5bn affordable homes programme, including 166,300 homes for social rent.
“Our landmark Renters (Reform) Bill will also deliver a better deal for renters, giving tenants greater security in their homes and preventing large rent increases being used as a backdoor method of eviction.”