67% of the UK’s private rented stock are up to standard
The Chartered Institute of Housing’s UK Housing Review 2014 has revealed that 33% of the UK’s private rented homes would have failed the Government’s Decent Homes Standard in 2012.
15% of social rented homes also failed to meet the standard in 2012, down from 29% in 2006.
Many property news websites have reported on this with sensationalist titles, along the lines of “Millions of PRS tenants living in ‘substandard homes’.
With four million private rented households in the country (18% of all households) compared with 3.7 million social rented households (17%) Landlord Referencing Services completely agree that no-one should be paying to live in poorly maintained accommodation in this day and age. However all this analysis shows us is that the majority (67%) of private rented accommodation across the country is up to the standard that it should be.
Paul Routledge (CEO of LRS) quote from 18/01/2013 :
“Most people live very happily in their rented property”. This is why I found the spin statement from Shelter that there were 85,000 complaints against landlords last year so ridiculous. It was like they were inciting the problem to be at epidemic proportion, when really it only represented something like 1.5% of rentals taken out over the year; meaning 98.5% of tenants were satisfied!
You can tell when you are a good landlord; it’s when your tenants hand their notice in because they think they can get cheaper, better properties than yours. I have had two this week withdraw their notice when they found out there is ‘cheaper’ out there but then they’ve “Got to live in them.”
It would be interesting to find out how many of these “sub-standard” homes are through tenants not notifying their landlord about problems within the property. As at LRS we are constantly inundated with landlords telling us stories about their tenants not notifying them about property problems and then claiming that nothing has been done.
CIH chief executive Grainia Long said the Government should look at new ways of improving standards in the private rented sector by targeting tax allowances. Stating that if landlords who committed to a higher level of standards benefited from a more targeted allowance, while those who did not saw their allowances stay the same or even reduce, the government could encourage higher standards – without needing to find any extra money.
Ms Long added:
“This Government has focused on measures to boost home ownership, but with more and more people living in the private rented sector – including more older people, more families with children and more vulnerable people from the housing waiting list – it’s vital that we look carefully at new ways to raise standards.”
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