Millions lose sleep over housing worries – Shelter
1 year ago | 14 comments
BTR developer claims to offer solution to private renters suffering from poor mental health
9:20 AM, 3rd April 2025, 1 year ago
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A build-to-rent (BTR) developer is offering free mental health checks, as Generation Rent studies claim private renting negatively impacts tenants’ mental health.
BTR developer Moda claims offering mental health services would mean “that tenants would not be as stressed as private renters who have to deal with absent landlords.”
Despite claiming private renters are not happy, private renters say they are happier with their homes (82%) compared to those in the social housing sector (74%).
Private renters live in constant insecurity
BTR developer Moda say their new block of flats near the US embassy in London, would include access to mental health sessions in their rent packages.
This would include how to manage stress and how to improve “stress resilience” with sleep guides. Alongside mental health services, the accommodation would offer a karaoke room and a golf simulator.
According to Generation Rent, nine in ten private renters feel their mental health has been negatively affected by their housing situation. Nearly two in five said it has impacted their physical health.
Ben Twomey, chief executive of Generation Rent, claims private renters live in constant fear due to eviction.
He said: “Because landlords don’t need a reason to evict us, renters live in constant insecurity, which does incredible damage to our psychological wellbeing.”
Can’t get these services with private renting
Moda claim BTR is an important choice for renters, offering wellbeing services that private renting cannot provide.
Lydia Eustace, head of wellbeing at Moda, told The Telegraph: “Offering these mental health services means that tenants will not be as stressed as private renters who have to deal with absent landlords.
“It’s why build-to-rent (BTR) is so important as an option for renters. We’re running this for the long-term. You can’t possibly get these services with private renting.”
However, despite Moda claiming their services offer mental health support, many renters would simply not be able to afford the rent prices for Moda’s new development, which cost £2,600 per month, with a three-bedroom flat costing £4,600 per month.
This means private renters would need to earn more than £31,000 for a standard apartment and £55,000 for a three-bed, not including bills, food, or other living costs.
Tags:
BTR, build to rent, generation rent, london housing, mental health services, Private Renting, renter wellbeing
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Member Since September 2022 - Comments: 192
10:33 AM, 3rd April 2025, About 1 year ago
Wow Good On Generation Rent for pointing out that living is stressful
Renting is stressful and being a
Landlord is stressful
As for MODA well I can’t afford the rents they ask
Member Since June 2013 - Comments: 3246 - Articles: 81
10:36 AM, 3rd April 2025, About 1 year ago
I’ll go and give em some Mental Health Treatment once a month for an extra 1k pm on top of rent.
Yes please, sign me up now.
Member Since February 2023 - Comments: 87
10:43 AM, 3rd April 2025, About 1 year ago
Blimey, what a load of cr** they keep coming out with. They’re trying to woo people that way by offering mental health services but the tenants will pay more for that service in the long run and probably have worse mental health than to begin with. They state “…You can’t possibly get these services with private renting”. Too right you can’t. I think it’s time a few of these people should start living in the real world and not cuckoo land and have some level headed adults look at the laws. It feels like the country is being run by ignorant unruly spoilt children. JUSTICE FOR LANDLORDS
Member Since April 2021 - Comments: 94
10:47 AM, 3rd April 2025, About 1 year ago
After some golf, karaoke and a bit of talking therapy those Moda tenants are in a zen-like state… until they see their monthly rent demand.
Member Since October 2022 - Comments: 402
10:48 AM, 3rd April 2025, About 1 year ago
So they can filter them out? No btr is going to take on the vulnerable tenants, the ones with a history of drug or alcohol abuse
Member Since September 2018 - Comments: 3515 - Articles: 5
10:58 AM, 3rd April 2025, About 1 year ago
Reply to the comment left by David Houghton at 03/04/2025 – 10:48
…but a the same time surely at this rental cost they are pricing themself out the market? £5k for a three bed? That means a family. I don’t suppose that includes the other service charges, communal heating, parking, grounds maintenance…
If you are making enough to rent at those prices, I suppose you could well have mental health issues – it certainly affecting your ability to see value for money!
Member Since September 2018 - Comments: 3515 - Articles: 5
10:59 AM, 3rd April 2025, About 1 year ago
Reply to the comment left by David Houghton at 03/04/2025 – 10:48
nor is any private landlord these days.
Member Since June 2015 - Comments: 194
11:36 AM, 3rd April 2025, About 1 year ago
“This means private renters would need to earn more than £31,000 for a standard apartment and £55,000 for a three-bed, not including bills, food, or other living costs.”
This is just not true. The figures would have to be paid out of post tax income unless they were paid for by an employer and there would then be a substantial benefit in kind to be taxed.
Assuming the tenant has to earn enough to pay for food, rate, gas electricity etc, the figures would be out of income on which tax of at least 40% would be paid.
Using a very simple multiplier of 100/60 the £31,000 figure becomes an income before tax of £51,666 and the £55,000 becomes £91,666.
In reality these figures would mean that a substantial part of the income would be taxed at 45% or marginal rates even higher. This puts the affordability of the properties out of the reach of all but the wealthiest renters who would no doubt have these sorts of services available to them elsewhere.
Member Since December 2013 - Comments: 179
9:46 PM, 3rd April 2025, About 1 year ago
Sorry, but this article made me laugh out loud involuntarily as I read it!!
What nonsense- and what prices!! £aughing all the way to the bank these jokers!!
Member Since May 2015 - Comments: 2197 - Articles: 2
12:14 PM, 5th April 2025, About 1 year ago
Reply to the comment left by Simon Lever – Chartered Accountant helping clients get the best returns from their properties at 03/04/2025 – 11:36
Individuals on the salaries you suggest are needed would not be renters, they would buy.