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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Smiley Happy Tenants with their 'Homes'

5th Aug 2019

Contrary to the majority of media coverage, according to the recently published English Housing Survey 2017/18, most of private renting tenants are more than happy with their current 'homes'.

living room
pixabay.com

The survey found that 84% of tenants stated that they were satisfied with their accommodation.

Private tenants spend more of their income on housing than social housing renters and owner occupiers.

The report found that private tenants on average spent 33% of their total income, which in some cases includes housing benefit, on rent, whereas the average for social renters was 28% with owner occupiers' average of 17% of household income.

London's renters average spend of household income was unsurprisingly the highest at 42%, with the rest of the country averaging 30%.

The majority of renters (71%) stated that they found it very easy, or easy, to pay their rent.

The private rented sector housing stock accounts for around 20% of households approx: 4.5 million, and is the second largest provider of homes in England; whereas social renting households is around 4 million households (17%) and approximately 13.48 million owner occupier households (64%).

A spokesperson for the trade body, commented: “The English Housing Survey dispels the myth that private renting means insecure tenancies and ever increasing costs. It shows that renters are spending less of their income on housing, at 33%, down from 34% the previous year and 36% in 2014/15, and are staying in their homes for over four years on average.

“As Ministers look at ending so called ‘no fault’ evictions the survey finds that the large majority of those who moved out of their home did so because they wanted to, either for work, a larger home or to move to a different area [72%] or because their tenancy had come to an end (8%). A further 10% moved on mutual agreement with their landlord.

“The majority of private renters also reported being satisfied with their current accommodation, higher than in the social rented sector.”



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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/