Shelter calls for 5 year rental contracts

February 17, 2017

Shelter is campaigning to give renters a fairer deal and greater security by introducing longer rental contracts, they are  calling on the housing minister Gavin Barwell to make five-year rental contracts available to renters. If necessary renters could leave such contracts early, but at least they’d have the option of staying in their home for a secure time period they say.

New research published by Shelter reveals the concern that families have with the present rental market, over the last ten years the number of renting families has more than doubled but the law has failed to keep in line with the needs of renters. One in four families now rent privately,  89% of renters told Shelter they thought short-term rental contracts are unfair.

On their Shelter Policy Blog they have listed FAQ’s ‘Longer rental contracts: How would they work? The leading question and reply: Why are you campaigning on this? The reason we’re calling for tenancies with five years of security is simple: they have the power to reduce homelessness and to make life more stable for renters, especially families. It would be a big improvement on the current status quo of 6-12 month contracts, and it’s been proven possible by the number of European countries with five-year, nine-year and indefinite rental agreements.

Read the Shelter Policy Blog  with FAQ’s in full click here.

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →
Estate Agent Talk

Second homes losing appeal among the rich

New Survey Reveals Ongoing Maintenance Is the Biggest Barrier to Second Home Ownership   62% say upkeep and hassle would stop them from buying a second home, even if money were no object   A new survey conducted by luxury co-ownership platform Equity Residences has revealed that the practical realities of owning a second home…
Read More →
Letting Agent Talk

How to build a property portfolio with buy-to-let mortgages

One of the reasons property is such a popular asset choice for investors is that you don’t need to invest all the money yourself; you can leverage funds from the bank. Here’s a very simplistic example of how borrowing via a buy-to-let (BTL) mortgage allows you to multiply your returns versus owning a property all-cash:…
Read More →
Home and Living

2026’s Fastest-Growing Bathroom Trend Is the Wet Room

“Wet rooms have become one of the standout bathroom upgrades of 2026, moving from luxury extra to everyday renovation choice as more homeowners prioritise space, style and easy cleaning. The momentum is only building as spa‑style bathrooms stay in demand.” “Wet rooms used to be a niche request,” says Ant Langston, Marketing Manager at Heat…
Read More →
Home and Living

Homebuyers could cut energy bills by £400 a year

As the energy price cap keeps rising, the latest research from Yopa reveals that buying a new-build home could save homebuyers as much as £450 a year on their energy bills. With the energy price cap forecast to increase again over the coming year, many households are preparing for further pressure on their finances as…
Read More →
Breaking News

Zoopla House Price Index Reaction

The latest index from Zoopla shows that: – First-time buyers are targeting homes worth £10,000 more than a year ago, with average prices up 4.3% to £254,750 – nearly 3x the rate of UK house price growth There are 6% fewer first time buyers in the market than this time last year, but those that…
Read More →