13/10/2020
by: Mary-Anne Bowring/Landlord Zone
Shelter Criticizes Landlords for Poor Conditions in Numerous Rental Properties
Critics have heavily criticized the Shelter within an inng report into the PRS in which it says over a third of rented homes are sub-standard. Launched today, Shelter’s major report interviewed 5,177 tenants in the PRS last month and was conducted by YouGov. It reveals that half said their home hasn’t made them feel safe during the pandemic, that 19% (or 1.6 million people) have been struggling to pay their rent, and that 35% (3.6 million) live in poor conditions with electrical hazards, pests, or dampness. The charity claims its research shows how badly ‘decent, affordable social homes’ are needed as too many private renters continue to spend the pandemic stuck in ‘poor-quality, expensive and overcrowded accommodation.’ Its chief executive, Polly Neate, says: “Before a thundercloud of homelessness breaks over us, the Chancellor needs to be as swift and bold on housing as we’ve seen him be on jobs.
Building a Brighter Future: The Case for Increased Investment in Social Housing
By turbocharging investment in social housing today, we can build ourselves out of this pandemic and lay the foundations of a better future.” Shelter’s report calls for a rescue package of £12.2 billion over the next two years to fund an additional 50,000 new social homes. Demonize “It is important not to demonize landlords, many of whom have worked closely with their tenants during the pandemic and lockdown to reassure them about the security of their tenancy despite facing considerable financial uncertainty themselves,” says leading property management firm Ringley. “The government cannot expect buy-to-let investors to subsidize renters indefinitely [who] are now facing higher loan repayments as loan repayment holidays did not extend the term but increased the cost.
https://www.landlordzone.co.uk
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