Developments in the private rented sector

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Many private renters are still in arrears after the ending of pandemic support. Discretionary payment systems may not adequately deal with the scale of arrears; pre-Covid repossession levels could be reached in 2022. Some landlords appear reluctant to buy properties and some want to sell them, putting pressure on some local markets and making affordable accommodation scarcer. Build to rent (BtR) has grown across the UK, but is still a niche market, catering more for younger and middle-income households. More investment in BtR would add competition and choice. The pandemic has dented short-term rental activity (e.g. Airbnb). Its revival could affect supply of long-term rentals and cause further affordability pressures. Regulation of the private rented sector (PRS) is in a state of flux across the UK. Efforts to rebalance landlord-tenant relations and improve security should be welcomed, although some details of proposed reforms remain unclear.
Original languageEnglish
Title of host publicationUK Housing Review 2022
EditorsMark Stephens, John Perry, Peter Williams, Gillian Young
Place of PublicationCoventry, UK
PublisherChartered Institute of Housing
Chapter2
Pages23-32
ISBN (Print)9781916385450
Publication statusPublished - 24 Mar 2022

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