Tenants spend less on rent and enjoy better standards
The proportion of income spent by private tenants on rents has fallen over the past decade according to the English Housing Survey.
It shows that the proportion of income spent on private rents was 32.9 per cent, down from 34.3 per cent in the previous year, and from 36.4 percent in 2014/15.
The survey also found that the average length of time a private sector tenant had lived in their current home was up from 3.9 years in 2016/17 to 4.1 years in 2017/18.
The Government’s new Private Landlord Survey for 2018 reports that 70 per cent of landlords kept their rents the same when they most recently renewed a tenancy showing that landlords prioritise keeping good tenants for a long term.
The English Housing Survey also reveals that the proportion of private rented homes with the most serious hazards in them has fallen to 14 per cent in 2017 from 31 per cent in 2008.
John Stewart, policy manager for the Residential Landlords Association said: “What emerges from the wealth of data out today is a picture of continuing improvement in affordability, security and standards for private tenants.
“The figures also debunk the myth that landlords are always increasing rents unreasonably and looking for every opportunity to evict a tenant.
“We recognise that whilst this data confirms that the vast majority of landlords enjoy good relationships with their tenants and want them to stay on long term, there are still too many unscrupulous landlords who bring the sector into disrepute and they should be driven out of the market.”