Michael Gove hints at cash help for tenants to pay rent

Michael Gove hints at cash help for tenants to pay rent

11:40 AM, 31st October 2022, About 2 years ago 4

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Families struggling with the cost-of-living crisis could receive a cash boost so they can pay their rent, Michael Gove has hinted.

The Levelling Up secretary was speaking on the ‘Sunday with Laura Kuenssberg’ show when he revealed that ‘targeted support’ could be on the table to help families pay their private landlord.

However, Mr Gove declined to give details when pressed about what specific support might be available to tenants and insisted that there was a ‘range of options’ being looked at by ministers.

Tenants would get financial help to pay their rent

When asked specifically by Ms Kuenssberg about whether tenants would get financial help to pay their rent as prices increase across the country, Mr Gove said: “Well we know people in private rented sector and in social rented sector are facing tough times.

“We are looking at a range of options to help them. It could mean targeted support for all sorts of people who are in difficulty.

“I can’t anticipate specific support. There are people in all sorts of difficult economic circumstances.”

‘Rent is going to be one of the challenges’

He added: “Rent is going to be one of the challenges people will face. We also have food price inflation; we have already had support for people facing rising energy prices.

“There are different ways of supporting people, whether that’s through universal credit, the tax system, or direct support.”

News that renters may get financial help to pay rent comes as inflation reaches 10.1% and energy and food prices are soaring.

Rents outside of London

And, according to Rightmove, rents outside of London are now £1,162, on average.

The National Residential Landlords Association has also urged Mr Gove to focus on delivering rental reform that benefits both tenants and landlords.

Currently, section 21 looks set to be abolished and assured shorthold tenancies will be replaced with periodic tenancies.

And it appears that the White Paper on rent reform will be debated in Parliament after a senior minister told a Parliamentary debate that the government is planning to deliver reforms to the PRS.

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Frank Jennings

13:26 PM, 31st October 2022, About 2 years ago

Well it was not long ago I predicted the rise in homeless people in our cities. Look around the back streets and observe the increasing number of Van's and caravans parked on the side roads, that are now the homes for exrenters. People who cant afford to rent, buy a cheap van or caravan and sleep in that. Who can blame them, either? It's better than that old cardboard box they were sleeping in, under the subway.
This is what the conservatives and Labour MP's are doing to the PRS. Too many people seeking too few homes to rent. Dont be silly, they cant afford to buy!
And now they cant afford to rent either. So Gove wants
the tax payer to subsidise these unfortunate people, and in the process make the PRS a monopoly run by big companies, not small private landlords. The PRS is under attack from all sides and I can't see it lasting.
Of course this is happening in the USA and the EU. All part of the WEF cunning plan for globalisation, apparently.

Kevin Fallon

14:01 PM, 31st October 2022, About 2 years ago

More nanny state intervention, put it all on the tax payer tab, we can't carry on with this greed. Reinstate 100% interest charge claim, on btl properties,
Reward private landlords instead of financially hobbling them at every turn.
They won't be happy until big business has it all, then we will see the return of slum landlords.

Graham Turrell, Landlord & Entrepreneur

14:37 PM, 31st October 2022, About 2 years ago

One of those options being rent caps, folks.


14:38 PM, 31st October 2022, About 2 years ago

Reply to the comment left by Graham Turrell, Landlord & Entrepreneur at 31/10/2022 - 14:37
Yes, I'm hoping this is not code for a rent freeze.

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