The variety of households within the non-public rented sector at risk of homelessness due to landlords selling up has elevated practically a fifth for the reason that finish of final 12 months.
This is in accordance to evaluation by the National Residential Landlords Association (NRLA) and stresses the necessity for accountable landlords to keep available in the market to hold tenants housed.
According to authorities knowledge, between October and December 2024 virtually 5,500 households within the non-public rented sector in England certified for council help to forestall homelessness after their landlord determined to promote the property.
The most up-to-date knowledge exhibits that, between January and March this 12 months, the quantity had elevated to over 6,500 households – a rise of 19%.
The knowledge exhibits that selling a property is the only biggest cause for a landlord to terminate a tenancy.
Commenting NRLA chief government Ben Beadle stated that for thousands and thousands of renters throughout the nation, whether or not a landlord bought a property or not would determine the destiny of the place they reside.
“Landlords selling houses is disastrous for tenants. Even if properties bought finish up again within the rental market, that’s scant consolation for many who have been pressured to transfer because of this.”
He added: “In the Autumn Budget the Chancellor wants to help accountable non-public landlords to spend money on new first rate high quality, long run houses to hire that tenants desperately want.”
