Shelter Calls for New Kind of Renting Contract

Shelter is calling for a new kind of tenancy to be introduced across the rental market in England.  The Stable Rental Contract would provide greater stability to the growing numbers of people who rent their homes from a private landlord.  It would also provide landlords with more certainty of a good return on their investment.  Shelter’s proposals are outlined in a new report, A better deal? Towards more stable private renting.  The Stable Rental Contract would include:

    *five year tenancies, giving renters the chance to put down roots

    *rent increases in line with inflation each year, giving landlords predictable              incomes and renters predictable outgoings

    *giving landlords confidence they can easily evict genuinely bad tenants

    *allowing landlords to end a tenancy if they sell the property

    *giving renters flexibility, allowing them to give two months notice to leave.

Download a copy of the report from the Shelter website.