New government figures released today show that landlords are responding to the growing need for longer tenancies in the private rental sector. The English Housing Survey data indicates that the proportion of households with dependent children is now 37%. At the same time, the average length of a tenancy has risen from 3.5 years to 4 years.
******Whoops! Looks like this is an old post that isn’t relevant any more :/ ******
******Visit the blog home page for the most up to date news. ******
Interestingly, the survey suggests that tenants who stay for longer in their rented homes pay less rent.
In comments published by the Residential Landlords Association, Alan Ward says:
“Today’s survey confirms what we have long known. Landlords do not spend their time looking for opportunities to evict a tenant. It’s time to end the scaremongering on this.
“More can be done to help landlords offer longer term tenancies without the need for compulsory three or five year tenancies. We are calling on the Government to use the Housing and Planning Bill to remove barriers preventing landlords from offering longer tenancies, including mortgage and leasehold conditions that may prevent this.”
“Notable increases in the average length of time tenants stay in a private rented property show the system already enables longer tenancies that so many are calling for. Landlords are already meeting tenants’ requirements and there is no need for heavy handed legislation that would disrupt supply of badly-needed accommodation.”
Landlords Can’t Always Offer Longer Tenancies
Further data compiled by the RLA found that many landlords were not allowed to offer longer tenancies because of restrictions put in place by their mortgage lenders, so it’s not always the landlords fault.