I’m in the process of preparing some kind of campaign over the rental market in the UK, especially in the light of the appalling shortage of “homes” of secure tenure in the UK, and almost all rental property is seen by landlords as way of making money and not providing homes. There is a huge difference. And it’s not just London that suffers from housing problems, or the young for that matter. It is a severe problem throughout. I have been in private rental for 13 years, a good landlord, but every year I have to ask if I can extend for another 12 months, I also have to pay £150 agents fee to renew the tenancy. The agents fee I do begrudge as I did not approach the agents so I’m not their client. My landlord is. That aside, I believe unless the UK take the rental market in hand will end up with more evictions and homeless people.
Currently most rental is ” Assured Shorthold Tennancy” of 6 to 12 months on average, this does not give anyone the stability to build a home, to become settled and save money to secure a permanant home. Moving is incredibly expensive, not only in letting fees but also moving an entire home if it’s unfurnished. I propose, invesment buy to lets should be restricted as a lot of buy to lets are at the lower end of the market, the entry level young or firt time buyers should have access to, not people who just buy to make money.
Landlords and letting agents should automatically offer 12, 24 or 36 month tenancies as a matter of course, shorter term for those who are using rental as a steppings tone and longer rentals for those who wnat and need a home, not just a roof over ther head. There should also be a “rolling tenancy” which could be introduced to those after renting for 36 months. Agents fees need to be seriously looked at, perhaps capped as renewal tenancy’s do not produce any additional work they just produce the previous aggreement. I object to paying £150 when I’m not the client, the landlord is. Councils need to be able to buy up affordable homes in the private sector, and not just already established council property. Over the next 10, 20 years more and more people will need to rent and may not ever be able to get on the property ladder. I being one of them, so the Government really needs to address this problem and soon, and unless someone pushes this very serious problem right under their nose it will continue and landlords will continue to see their buy to let as a purely money making concern and NOT providing homes for people. No one can truly make a home if they have to keep moving or renewing their tenancy every 12 months. If anyone knows how I might go about this or offer some advice it would be great! Thank you.