Government poised to make more homeless...

Posted: 13/7/2017

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This government, whose housing policy has so far been nothing short of a carry on film, are now poised on creating a housing crisis for social tenants. Their announcement in the recent Queen's Speech, to limit the amount of a tenancy deposit to one month's rent will potentially bar tens of thousands of would be renters from obtaining private rented accommodation. Whilst one month's rent as a deposit has been "traditional", the most diligent letting agents and landlords now require a higher deposit, because where tenants default or cause damages, one month's rent is usually insufficient. Many tenants, particularly in social housing, do not have a guarantor, and a higher deposit is often then required. So they will not qualify for many private rentals. The government is likely responding to those who campaign for lower housing costs, but that group take no account whatsoever of either the real impact on housing or the diminishing landlords' rights. Whilst the bankrupt UK government has no money to build new social housing, it continues to pursue a war against those who can and do supply affordable social housing - private landlords - as they believe it will gain them more votes from the working class. But will the working class vote Tory when they realise that they cannot rent a home? In a further smack in the face to renters, limiting deposits to one month's rent will in most cases mean that tenants with pets will be unable to find homes. This is because it is almost standard that tenants with pets have to pay higher deposits to safeguard against the increased risk of damage to the property. That's another fine mess Theresa....

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