Three-year tenancies

Discussing the Three-Year Tenancies Model

“Though the typical discussion of the rental market has concentrated upon the difficulties faced by younger renters, our research over the last two years has revealed that many of these issues are faced by the older generation too. In fact, these problems frequently have an especially large impact upon the wellbeing of older people – particularly in terms of health and social care, as greater emphasis is being placed on people managing conditions at home.”

Age UK London reacts to news of the government’s new rent commitment, which will see the implementation of a new three-year tenancies model.

private renters

Potential Progress for Private Renters

This week saw two positive developments for the rights of private renters across the country. First, on 2nd July, Secretary of State for Communities Rt Hon James Brokenshire MP proposed the introduction of a minimum 3-year tenancy term, with a 6-month break clause, to provide more security of tenure of private renters. In addition, yesterday saw the London Assembly agree a motion calling on the Mayor to back the campaign to abolish Section 21 – the clause of the Housing Act 1998, that allows private landlords to evict tenants without any reason – and to lobby the Government for a change in the law.

So, why are these changes important, what would they mean for older private renters, and do they go far enough? Let’s investigate…

Private Rented Sector

Age and the Private Rented Sector

“The Home Improvements report is a timely intervention, which showcases the challenges that face “the Millennial Generation” in the present day and the years to come. It also dovetails nicely with our own report Living in Fear: Experiences of Older Private Renters in London, which performed a similar investigation into the difficulties facing older Londoners that rent privately.

If it is indeed true that a third of Millennials face renting for their entire lives, then our findings suggest that large scale changes need to be made in order to meet these tenants’ needs as they grow older. This is especially urgent, considering that The number of private-renting households for those aged 45-64 has more than doubled in the last ten years and recent estimates suggest that the number of private-renters in London aged 65 and over could double between 2014 and 2039.”

This week, a report from the Resolution Foundation has found that up to a third of young people face living in private rented accommodation for all of their lives. We offer our knowledge of the private rented sector, the affect it has upon many older tenants and the changes that need to be made to meet the needs of present and future older tenants.

Living in Fear – Older Private Renters in London

Over the last eighteen months, Age UK London has been investigating the experiences of older private renters in London as part of our Older Private Sector Tenants Programme. Funded by the Nationwide Foundation, the research collated the views of older Londoners across a series of focus groups and individual interviews to gain a broad insight into the experiences of older renters in the capital. This information formed the basis of our brand new research report: “Living in Fear – Experiences of Older Private Renters in London”.

With the report completed, Age UK London hosted a launch event to reveal our findings at the Coin Street Conference Centre on the South Bank, find out all about the event…

Why “Generation Rent” Has No Age Limit

“Will I ever be able to afford my own home?” It’s a horrible question to have to ask yourself, but this is the current reality for an entire generation of young people in Britain. As home ownership has now reached its lowest level for the last thirty years, The Guardian recently hosted an online debate to discuss whether members of the public should now give up the dream of ever owning their own home. Though the primary complaint was the cost of purchasing housing, many made the point that the poor state of the rental market has worsened the problem […]