9th
Apr 2024
The latest research from a specialist lender finds that 69 per cent of private renters said they do have a ‘good landlord’.
And of course this very much goes against the widely held view and continual media bashing of landlords that they have fractious relationships with their tenants.
The lender’s survey finds that over a quarter (26 per cent) of private tenants have lived in their current ‘home’ for up to one year with 74 per cent of these stating it was extremely difficult for them to find a property that matched their needs
Virtually three quarters (72 per cent) said they were having to compete against may other prospective tenants and said it prolonged their search for a suitable property. Unsurprisingly this hits renters’ pockets hard as the majority – 68 per cent - had to contend with extra costs rather than sticking to their budget.
The survey also found that three quarters of the tenants said the government is not doing enough to support them, 80 per cent of the age group of 18-34 agreed with the view whilst for over 55s it was lower at 71 per cent.
Those tenants who reported having a good relationship with their landlord said the most important factor was being able to contact the landlord quickly on any matters with 70 per cent citing this, 41 per cent said making the whole process of the tenancy straightforward with very little paperwork and being allowed to decorate the property.
The spokesperson for the lender, says: “The relationship between landlords and renters is often presented as inherently challenging and dysfunctional, but as our research shows, this simply isn’t the case. Most private renters actually have a positive relationship with their landlord.
“I expect that this will surprise quite a few people. What it demonstrates is the abundance of good landlords in the market who are ethical, knowledgeable and trustworthy when dealing with their tenants.
“That being said, it’s also clear that a majority of renters are struggling to find the right home due to intense demand for properties. There’s no overnight solution to fix this sadly.
“We encourage lenders, landlords and governmental bodies to work more intelligently together so we can turn the tide and provide greater support to struggling renters. This support is vital in order to keep our private rental sector, which is fundamental to the addressing the UK’s housing demand, alive and well.”
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