Increase of the over 65s in the PRS

Increase of the over 65s in the PRS

10:41 AM, 11th August 2021, About 2 months ago 2

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The proportion of private rented households with someone aged 65 or over living in them has increased by almost 45% over the last decade according to new analysis of Government data.

The figures come as the National Residential Landlords Association warns that not enough is being done to help landlords access financial support to adapt properties to meet the needs of older people or disabled tenants.

A quarter (over one million) of all private rented households in England have someone living in them with a long-term illness or disability. Despite this, official data shows that 25% of all private rented households which require adaptations say their accommodation is not suitable to meet their needs.

This trend has been driven by a substantial increase in the number of older private renters over the course of the past decade. Government data shows that between 2009/10 and 2019/20 the number of private rented households with residents aged 65 or over has increased by 44 per cent.

Tenants and landlords are eligible for financial support, including through the Disabled Facilities Grant (DFG), which funds necessary adaptations of properties. However, a survey of landlords has found that 79% did not know that DFGs existed. Once they were made aware of the Grant, 68 per cent said they would be more willing to make adaptations where required.

The NRLA calls on local authorities to work collaboratively to raise awareness among landlords of the financial support available to make the adaptations that many tenants need. Likewise, it also suggests landlords consider how to ensure their properties meet the growing needs of tenants requiring adaptations. Moreover, landlords should recognise the important market that now exists for such properties.

It comes as the NRLA will today be hosting a webinar with a panel of experts considering how best to support the sector to make the adaptations that are needed.

Meera Chindooroy, Deputy Policy Director for the National Residential Landlords Association said:

“With rapidly growing numbers of older and disabled renters we need to do much more to ensure they, and their landlords, have the support needed to ensure homes are fit for purpose.

“Although financial support to make adaptations is available, it is not being advertised anywhere near enough to local landlords by councils. We call on them to work with the NRLA to raise awareness of the help available to ensure that private rented homes are best equipped to meet the needs of all tenants who want to live in them.”



Comments

by Mick Roberts

11:17 AM, 12th August 2021, About 2 months ago

I bought 6 bungalows years ago purely cause could see the demand increasing as at that time, everyone was living longer.
They've always been brilliant, long termers stopping.
When the tenants need disability change ie. wet room bathroom, handrails on garden etc., the request & costs has always come from the Council.

by Monty Bodkin

13:06 PM, 12th August 2021, About 2 months ago

Landlords exiting the market in droves, only 60 properties available to rent in the whole of Cornwall, S21 restrictions, S21 scrapping, S24 tax on tenants, landlord licensing, EPC's, no DSS, tenant fee ban, SDLT, CGT, RRO, EICR, HFFSR, HMO, W&T allowance, council tax between tenancies, £30K fines, how to rent guides, deposit protection, covid eviction ban or the hundred and one other bullsh*t laws that affect only law abiding landlords...

...and the NRLA are "raising awareness" on this issue.


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