Tuesday, 1 November 2016

Rising House Prices Fuel Tenant Evictions

Rising house prices aren’t just making it harder for private renters to save up to buy their own home, says Generation Rent – it’s likely to get them evicted too. A study carried out on the organisation’s behalf is claimed to have found that rising house prices appear to fuel tenant evictions, as landlords seek to ‘cash in’. The findings have prompted Generation Rent to call for greater protections for tenants from no-fault evictions. According to the study a 10% rise in house prices sees a subsequent 60% rise in evictions of private renters. Private tenants in England are now 2.5 times more likely to be evicted without their landlord giving a reason than they were during the 2009 recession, the organisation claims. Read more on the Generation Rent blog.

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