A few weeks ago
I was asked a fascinating question by a local Councillor who, after reading the
Huddersfield Property Blog, emailed me and asked me – “Are
Huddersfield Landlords meeting the Challenges of tenanted families bringing up
their families in Huddersfield?”
What 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. 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 “left
leaning Politian’s” 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 be telling 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 HD2 area of Huddersfield compared to the National figures,
of the 2,243 private rental homes in Huddersfield, 748 of these have dependent
children in them (or 33.3%), which is interestingly (although expected) below
the National average of already stated 37.4%.
Even more
fascinating are the other tenure types in HD2 Huddersfield…
·
39.1% of Social (Council) Housing in
Huddersfield have dependent children
·
47% of Huddersfield Owner Occupiers
(with a Mortgage) have dependent children
·
14% of Owner Occupiers (without a
Mortgage) have dependent children
Although, when we look at the length of time these
other tenure types have, whilst the average length of a tenancy for the private
rented sector is 4 years, it is 11.4 years in social (council) housing, 24.1
years for home owners without a mortgage and 10.4 years of homeowners with
mortgages.
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 anytime with one months notice not
the three or six month tenant notice suggested by some commenters.
Finally, there
is an extra piece of good news for Huddersfield 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.
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