Landlord & Buy-to-Let Magazine Issue 64, March 2016 | Seite 16

For latest show news visit www.landlordshow.info industry news Landlords responding to needs of children in rental housing Independent figures show landlords are meeting the growing need for longer tenancies in private rented housing, according to the Residential Landlords Association (RLA). The announcement follows new Government figures showing that whilst the proportion of children in rental housing has increased, so has the average length of residence in such homes. According to the English Housing Survey for 2014–15, over the past ten years the proportion of private rented households with dependent children has increased from 30% in 2004–05 to 37% in 2014–15. Related to this is the trend for the average length of residence for private sector tenants in their homes increasing to 4 years. This is up from 3.5 years last year and a new five-year high. The survey notes again that those living in private rented housing for a longer period generally paid less rent. The RLA argues that these figures show that landlords are already stepping up to the plate and meeting the need for longer tenancies for families. The association is also pressing the Government to remove barriers to longer term tenancies, including restrictions imposed on landlords by lenders and by freeholders of leases. Commenting, Alan Ward, Chairman of the RLA, said: “Today’s survey confirms what we have long known. Landlords do not spend their time looking for opportunities to evict a tenant. It’s time to end the scaremongering on this. “More can be done to help landlords offer longer term tenancies without the need for compulsory three- or five-year tenancies. We are calling on the Government to use the Housing and Planning Bill to remove barriers preventing landlords from offering longer tenancies, including mortgage and leasehold conditions that may prevent this.” “Notable increases in the average length of time tenants stay in a private rented property show the system already enables longer tenancies that so many are calling for. Landlords are already meeting tenants’ requirements and there is no need for heavy handed legislation that would disrupt supply of badly-needed accommodation.” Majority of tenants don’t want longer two - year plus leases A new report reveals that almost 80% of tenants want a lease that is between six months and two years, with just one in five tenants wanting longer leases, between 2–5 years. The research also shows that over half of tenants are hoping to move up the rental ladder and rent a better property when they can afford to. The study, conducted by PropertyLetByUs.com – a leading online letting agent, reveals that the majority of tenants want their rental property to feel like home, even on short-term leases. Over 60% of tenants would like to redecorate their property and over half of tenants want to change the carpets and floorcoverings. A further 23% of tenants want to install decking, while 18% want to add a hot water tub and 13% want to create a patio. Jane Morris, Managing Director of PropertyLetByUs.com, comments: “Clearly tenants don’t want long leases. For many, longer than two years does not give them the freedom and flexibility they need. They may find a job, then move on to another one, start out living with a friend and then want to move in with a partner. However, landlords like longer leases – they get charged fees each time their agent needs to find new tenants. Landlords can save money by using an online lettings agent instead of a high street lettings agent; the sa