Social renting issues show exactly why private rental sector must thrive

Social renting issues show exactly why private rental sector must thrive


Todays other news
The agency is 200 years old and highly regarded...
There's already been a rise in tenant complaints to lettings...
This is the finding from a Letting Partnership survey...
This is according to a deposit alternative firm's survey of...
It's a glamorous and sunny pair of agents now linking...
First-Time Buyers stretched further as lending ratios increase

The poor and deteriorating state of the social housing sector demonstrates the need for a vibrant private rental landscape, insists Propertymark.

It cites a recent report from the Housing Ombudsman which revealed that 2024/25 witnessed a 474% surge in complaints about poor social housing living conditions compared to 2019/20.

Propertymark says this demonstrates exactly why we need a vibrant and growing private rental sector.  

Referencing the UK Government’s ambition to construct 1.5 million new homes by the end of this parliament, the report “shows a significant risk to the government’s vital 

The Housing Ombudsman recommends the government adopt a National Funding Settlement for social landlords, which is an annual event that apportions funding to local authorities in England, and to create a national resident body to resolve the imbalance of power between tenant and landlord. 

It also promotes a ‘universal vacant home’ standard before reletting a property, which refers to the idea of properties being empty, and that social landlords should strive towards a predictive repair model and enhance the way they handle complaints, and culture/attitude towards maintenance.  

Finally, the report stresses that “landlords also need to be transparent about the scale of the challenge – the difference in the proportion of non-decent homes reported to the Regulator of Social Housing compared to the English Housing Survey is stark and landlords need to understand what the true picture is.” 

Propertymark agrees with the Housing Ombudsman that the social housing sector is missing a consumer-choice dynamic as opposed to the private rental sector.  

Furthermore, consumers have an advantage in the private rental market in contrast to the allocation model of social housing as it is more difficult to relocate to a different social house if that tenant is unhappy with their social landlord.  

Ina statement issued over the weekend, Propertymark says it’s consistency campaigned for a review of all taxes relating to private landlords and that UK governments should restore mortgage tax relief to allow landlords to set the total amount of mortgage interest against rental income before tax is calculated, and to reduce additional taxes on buy to let properties.  

Nathan Emerson, chief executive of Propertymark, says: “While it is positive that the UK Government has recently announced its National Housing Bank which aims to inject billions into private investment and build an additional 500,000 homes, it is clear that satisfaction rates in the private rental sector are higher than in the social rented sector. 

“Therefore, all Governments across the country need to keep their fingers on the pulse of the issue of underinvestment and further encourage a vibrant and growing private rental sector by also reviewing the taxes that impact landlords throughout the UK.”

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
Interest Rates - Bank of England reveals latest decision
The analysis looks at rentals below £750 pcm...
Delay EPC change to help rental sector - top agency’s Budget hope
Sally Lawson is the founder of Agent Rainmaker...
Banned - "offensive, irresponsible" agency ad must never be repeated
Landlords and courts will be able to evict perpetrators of...
Tenancy disputes dip but one major problem dominates
The sheet must be given to tenants by May 31...
The controversy involves the tenant union Acorn...
Well known business billionaire enters private rental sector as investor...
Recommended for you
Latest Features
The agency is 200 years old and highly regarded...
There's already been a rise in tenant complaints to lettings...
This is the finding from a Letting Partnership survey...
Sponsored Content
Alto Intelligence, Street AI and Reapit RAI. Three platforms, three...
On Friday 15 May at 1pm, Alto is hosting a...
When Riccardo Iannucci-Dawson became CEO of Alto, he took the...

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.