Industry body says some 18 to 21 year olds will soon find it harder to rent

Industry body says some 18 to 21 year olds will soon find it harder to rent


Todays other news
Knight Frank, which founded OnTheMarket, has signed a three-year deal...
The former independent has three offices and manages over 700...
867,000 households headed by people aged 55+ are in the...
South East property group Beresford has secured sponsorship from Rightmove...


Government changes to remove housing benefit from 18 to 21 year olds from April will make it far more difficult for them to access rented housing, according to landlords.

A survey of over 1,000 landlords has found that 76 per cent will be reluctant to let accommodation to this age group because they fear that they may not have enough money to pay the rent.

The survey also shows over 65 per cent of landlords being reluctant to let properties to tenants who are of working age and on benefits because the cap might affect their ability to meet rent costs.

Compiled by the Residential Landlords Association the data also shows that since 2012 the under-35s have only been able to claim benefit for a room in a shared house; some 53 per cent of landlords do not intend to renew such tenancies because of fear about payments not being made.

According to government statistics in 2013-14 – the latest data available – 48 per cent of all households aged between 25 and 34 were in the private rented sector.

“Rented housing is crucial to enabling young people to quickly access work opportunities wherever they might be. By making it more difficult for them to secure rental properties Ministers are making work prospects increasingly difficult for them. A simple solution would be to give tenants the option of having payments of the housing element of Universal Credit paid directly to the landlord. This would give all tenants and landlords the security of knowing the rent has been paid” according to RLA vice-chairman Chris Town.

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. Letting Agent 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
Items are wearing out 30% faster than before the pandemic,...
Average rental yields of 7.11% were achieved by landlords in...
UK letting agents must check tenants and landlords against official...
David Adams, managing director of Chester family agency Cavendish...
The BoE has come to a decision on interest rates...
The House of Lords committee stage now continues until May...
The removal of temporary rent controls may make buy-to-let more...
Recommended for you
Latest Features
Knight Frank, which founded OnTheMarket, has signed a three-year deal...
The former independent has three offices and manages over 700...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

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