Politics
Rent Crisis Deepens: Nearly Half of Private Renters Face Damp and Mould as Costs Soar
Nearly 50% of private tenants are dealing with issues of dampness or mold, regardless of the season, according to a warning from Citizens Advice. This announcement coincides with recent data from the property website Rightmove, which indicates that the average rental price outside of London has reached an all-time high of £1,314 monthly.
Tuesday, July 23, 2024, 02:
Nearly 50% of private tenants in England reside in properties that suffer from issues like dampness, mold, or inadequate heating, and these problems persist even during the summer months, new data reveals.
A study conducted by Citizens Advice reveals that nearly half of private renters are dealing with issues like dampness, mold, or extreme cold in their residences.
The study revealed that nearly half of these households, specifically 48%, have been dealing with these conditions for over a year.
The organization's research indicates that low-income private tenants are projected to allocate 53% of their earnings to cover energy and housing expenses this year. This contrasts with 46% for residents in social housing and 40% for homeowners.
Further details: Nearly a million tenants receive eviction notices without cause following the King's Speech and its major declarations.
Dame Clare Moriarty, the chief executive of Citizens Advice, stated: "Everyone is entitled to a warm and secure living environment that is free from dampness and mold."
"However, individuals renting privately are facing exorbitant costs for progressively deteriorating homes that consume their earnings and jeopardize their health."
In-Depth on Housing
Labour is being called upon to establish a new town that could accommodate as many as 350,000 residents, with a thinktank proposing the ideal location for it.
'Families left without homes as officials report a shortage of council housing, despite 33,000 properties standing vacant
Real estate firm Fine and Country has been acquired by a company listed on the London Stock Exchange.
Survey Highlights:
The study revealed that issues such as high costs and substandard living conditions in privately rented homes are exacerbated by the inadequate protection and stability afforded to renters.
Citizens Advice reported that it assists nearly 100 individuals daily who are facing eviction under the “no-fault” section 21 process.
Explore further: "Purchasing an apartment destroyed my life," say flat owners discussing the issue. Immediate strategies to address skyrocketing rental prices.
Dame Clare emphasized, "It is essential for the government to uphold its commitments and enhance the living conditions for individuals renting privately."
"This entails improving the standards of privately owned rental properties, addressing soaring rental prices, and implementing a robust prohibition on section 21 evictions to ensure tenants feel secure in contesting substandard living conditions."
In his recent address, the King pledged that the Labour Party would address shortcomings of the former administration by strengthening tenant protections, specifically by abolishing no-fault evictions.
Stay ahead with the latest Breaking News
Download the Sky News app at no cost
In other news, real estate portal Rightmove reports that the typical rental price outside of London has reached a new high, averaging £1,314 monthly.
The report also stated that, on average, each property was garnering interest from 17 potential renters.
Twelve months prior, the typical monthly rental price listed in Britain, not including London, stood at £1,231, according to Rightmove.
Rental prices in London have reached a new high, with the average advertised rent climbing to £2,661, an increase from £2,567 the previous year.
Stay informed with current events from the UK and globally by tuning into Sky News.
According to Rightmove, although there has been a gradual increase in rental properties compared to last year, the current inventory remains lower than it was before the COVID-19 pandemic.
The most recent data on rental prices pertains to the second quarter of 202
Associated Subjects
Footer of Sky News
Information About Sky News
Services Provided by Sky News
Channels Under Sky
Additional Sky Websites
Discover more from Automobilnews News - The first AI News Portal world wide
Subscribe to get the latest posts sent to your email.