Landlords have been blamed a lot for the steep rise in the cost of living, but although rents are clearly going up on a steady trajectory, it would seem that the majority of tenants feel they are getting
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great value for money from their rental homes.
Satisfaction Levels Amongst Tenants High
The National Landlord’s Association recently surveyed tenants in an attempt to find out how satisfied they were with their rent and whether it offered good value for money. Somewhat surprisingly, 73% of tenants surveyed by the National Landlord’s Association rated their satisfaction levels as good or very good. Most said that their rent had not gone up in the last year and that their tenancy agreement had been renewed without issue at the end of the previous fixed term. In fact only 2% said their landlord had given them notice to leave at the end of their tenancy.
“The NLA has long argued that rent levels in the UK are a consequence of a market economy, with the determining factor at present being a chronic under-supply of affordable housing, compounded by lethargic efforts on the part of Government to foster more construction.”
Buy To Let Landlords Provide Stable, Affordable Housing
So despite various reports stating that buy to let is affecting family life and that many tenants are being forced to move home multiple times, it would seem that the majority are enjoying hassle free long-term lets.
This only goes to show that most landlords in the UK are committed to providing affordable, good quality homes for tenants and that people in rental accommodation are not enduring a perilous existence, subject to the vagaries of an unpredictable landlord whose only aim is to make money.