PRS providing greater security for tenants

by Property 118

11:45 AM, 23rd January 2020
About 4 weeks ago

PRS providing greater security for tenants

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PRS providing greater security for tenants

The Government’s English Housing Survey for 2018-19 shows that the average length that a private sector tenant lived in their current rental property was 4.4 years, up from 4.1 years in 2017-18. This is the highest average length of time tenants were staying in their current homes over the last decade.

With growing numbers of families with children now reliant on the sector for a home, the figures show that the market is responding by ensuring tenants remain in properties for longer periods of time, enabling them establish roots in a community.

John Stewart, Policy Manager for the Residential Landlords Association, said: “The vast majority of landlords who do a good job welcome good tenants staying in their properties long-term and today’s figures bear this out. They clearly refute the picture some create that landlords spend all their time looking for ways to evict their tenants and it is time to end this scaremongering.

“The market is meeting the ever changing demands on it without the need for legislation. It is vital that the Government continues to support and encourage this with pro-growth policies that support good landlords to provide the long-term homes to rent to meet ever growing demand.”

The English Housing Survey 2018/19 headline report can be accessed at: click here. Annex table 1.18 shows that in 2018/19, the average length a private sector tenant was in their current rental property in that year was 4.4 years. In 2017/18 it was 4.1 years. 4.4 years was the highest average length of time recorded since 2010-11. The table can be accessed at: click here.



Comments

Mick Roberts

9:03 AM, 25th January 2020
About 3 weeks ago

My average stay will be 20 years soon. None of my tenants can get anywhere now cause of all the Legislation & Landlords selling & not taking any new tenants any more cause of www selectivelicensingtruth.co.uk


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