Picture: © Copyright Al Menzies, licensed for re-use under CCL*
What an interesting question to be asked.
Irrespective of whether you are tenant or a homeowner, to bring up a family, the most important factors are security and stability in the home. A great bellwether of that security and stability in a rented property is whether tenants are constantly being evicted. Apparently many tenancies last just six months with families at risk of being thrown out after that with just two months’ notice for no reason.
Some politicians keep saying we need to deal with the terrible insecurity of Britain’s private rental market by creating longer tenancies of 3 or 5 years instead of the current six months. However, the numbers seem to tell a different story. The average length of residence in private rental homes has risen in the last 5 years from 3.7 years to 4 years (a growth of 8.1%), which in turn has directly affected the number of renters who have children. In fact, the proportion of private rented property that have dependent children in them, has gone from 29.1% in 2003 to 37.4% today.
Looking specifically at the TW18 area of Staines compared to the national figures, of the 1,913 private rental homes in Staines, 573 of these have dependent children in them (or 30%), below the national average of 37.4%.
Even more fascinating are the other tenure types in TW18 Staines…
- 34.5% of Social (Council) Housing in Staines have
dependent children
- 41.8% of Staines Owner Occupiers (with a Mortgage) have
dependent children
- 7.8% of Owner Occupiers (without a Mortgage) have dependent children
Anecdotally I have always known this, but this just proves landlords do not spend their time seeking opportunities to evict a tenant as the average length of tenancy has steadily increased. This noteworthy 8.1% increase in the average length of time tenants stay in a private rented property over the last 5 years, shows tenants are happy to stay longer and start families.
So, as landlords are already meeting tenants’ wants and needs when it comes to the length of tenancy, I find it strange some politicians are calling for fixed term 3 and 5 year tenancies. Such heavy handed regulation could stop landlords renting their property out in the first place, cutting off the supply of much needed rental property, meaning tenants would suffer as rents went up. Also, if such legislation was brought in, tenants would loose their ‘Get Out of Jail card’, as under current rules, they can leave at any time with one or two months’ notice, depending on their contract, not the three or six month tenant notice suggested by some commentators.
Finally, there is an extra piece of good news
for Staines tenants. The English Housing Survey notes that those living in
private rented housing for a long periods of time generally paid less rent than
those who chopped and changed.
*Interesting Facts about Staines Bridge: There has been a bridge here
since Roman times - initially a wooden one. This was replaced by a stone
bridge in 1796. When this began to crack, it was replaced with an iron
bridge, which was itself replaced in 1807. The current bridge was opened
in 1832 by King William IV and Queen Adelaide.
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