Longer term tenancies needed to enable tenants to plan for the future

Longer term tenancies needed to enable tenants to plan for the future

Todays other news
There's a silver lining amidst the turbulence of being a...
Being lax on safety at Christmas can have disastrous consequences......
Experts give their views on the renovations that could add...


More needs to be done to focus on improving renting rather than obsessing over property ownership, according to a specialist provider of retirement rental properties for the over 55s.

Peter Girling, chairman of Girlings Retirement Rentals, wants to see longer private tenancies introduced to give the majority of renters the one thing they crave most of all – “greater security of tenure”.

He commented: “In our latest customer survey carried out in October 2016, we found that 85% of people wanted a tenancy of 12 months or more and 71% said that the security of assured tenancies we offer that enable residents to rent their property for as long as they choose, mattered most to them when making the decision to rent.”

Girling’s comments come just days after Citizens Advice announced that it will be stepping up its campaign for longer tenancies, in an effort to overhaul the private rented sector.

According to its figures, 39% of people living with their children in rented homes have a tenancy of six months or less, which creates uncertainty. 

It also found that 34% of private renters would like their tenancy to be longer, rising to almost 40% amongst those with children. Families now make up almost four in ten private rented households.

Girling added: “Like Citizens Advice, we believe that should longer tenancies become more widely available for all sectors of the market – from young professionals, to families and older people – this may remove the uncertainty people face and give them more reassurance and greater security of tenure to plan for the future.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
The warning comes as Renters Rights Bill sets up a...
Charities claim increase in pets needing rehoming because of rental...
Not everyone agrees with the Prime Minister about landlords...
The ban is likely to take effect from 2027....
Council will pay part of tenants’ rent to private landlords...
A mortgage chief is warning that thousands of buy to...
The government says it will shortly start a formal consultation...
Recommended for you
Latest Features
There's a silver lining amidst the turbulence of being a...
Being lax on safety at Christmas can have disastrous consequences......
Experts give their views on the renovations that could add...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here