PRS Shorthold Tenancies Being Terminated At 'Alarming' Rate

Landlords are prematurely terminating assured shorthold tenancies at an ‘alarming’ rate and increasing homelessness in London, according to a new report. There has been a four-fold rise in the number of premature terminations since 2010, from 300 to more than 1,400 per quarter, the London Assembly housing committee found. The committee’s report said these terminations are increasing the proportion of statutory homelessness in the city. The report, Assessing the consequences of welfare reform, also said that the majority of landlords are becoming more reluctant to rent to residents who are entitled to housing benefits; the report estimated that these attitudes affect one-third of claimants.  Download a copy of the report from Inside Housing.