Bank accuses landlords of evicting older tenants in record numbers

Bank accuses landlords of evicting older tenants in record numbers


Todays other news
Council will pay part of tenants’ rent to private landlords...
Street-by-street surveys to catch out landlords without licenses...
Activists want legal right for young people to live where...


The Co-Op Bank, which is leading a campaign alongside charity Shelter, claims a Section 21 notice is presented to an older private renter every 16 minutes.

The bank has funded research commissioned by Shelter which claims that 28 per cent of private tenants over the age of 55 – which equates to 400,000 people – “live in fear of being evicted by their landlord.”

And the bank says a third of all private renters say, the last time they moved, it took them longer than the statutory two months notice period to find a new privately rented home.

Now that Parliament is back from its summer break, the Bank and Shelter are warning that what they call “delays” to the Renters Reform Bill are harming the health of thousands of older tenants. 

The research apparently shows that 25 per cent of renters aged over 55 say worrying about eviction is negatively impacting their mental or physical health, while a similar number one in four claim housing problems or worries had made them feel physically sick in the past year.  

The two campaigning organisations say 19 per cent of adult private renters in England are over 55 – this up by 31 per cent in the past decade. 

Nick Slape, Chief Executive Officer at The Co-operative Bank, says: “Fighting inequality across the UK is extremely important to our customers, and that’s why we’re campaigning for better rights for renters alongside Shelter. 

“We know the private rented system in this country needs urgent reform and this new research shows just how desperate the situation has become. 

“Together with our partner Shelter we are calling on the government to prioritise the Renters Reform Bill now, to protect tenants across the country and deliver lasting change.”

And Polly Neate, Chief Executive of Shelter, adds: “Older renters may already be retired or planning for retirement at this point in their lives. They shouldn’t have knots in their stomachs, constantly afraid that their landlord is going to kick them out of their home for no reason. 

“We hear from hundreds of over-55s who have worked for decades in search of safety and security later in life. It’s a disgrace that so many are being stripped of a stable home by the gross injustice of Section 21 no-fault evictions.  

“Instead of forcing older renters to pay over the odds for often shoddy rentals that leave them sick with worry, the government must keep its word, and get the Renters Reform Bill over the line. Tenants are tired of waiting for a system that makes private renting safe and fair for all.” 

Share this article ...

Commenting is currently unavailable

Our Comments feature is undergoing a makeover. We are just making sure there are no little Gremlins in there, but rest assured, the new Comments section will be live soon. Thank you for bearing with us and thank you for being part of Landlord Today!

Recommended for you
Related Articles
Street-by-street surveys to catch out landlords without licenses...
Aggressive council tax collection tactics slammed by charity...
Government must follow through with rental sector safety review -...
Agent disputes that landlords are quitting because of tax and...
A landlord who persistently failed to license several rented properties...
The government says it will shortly start a formal consultation...
The government has released more information on its new Renters...
Recommended for you
Latest Features
In 2022/2023, some 369,000 taxpayers paid £14.4 billion in CGT...
Reform of the private rented sector has been on political...
Property Investment Which Responds to Political Change...
Sponsored Content
Landlords, if you haven't heard of it until now, it's...
As a seasoned landlord, you've likely witnessed the UK property...

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