Friday, 4 April 2014

Two Thirds of ALMOs to Be Working In Private Rented Sector by End Of 2014

Two-thirds of ALMOs in England plan to be working in the private rented sector by the end of this year according to a new report by the National Federation of ALMOs (NFA). ‘Right Time Right Place – Engaging with the Private Rented Sector’, sets out the reasons why so many ALMOs are engaging with the private rented sector to address housing need, drive up quality and standards of private rented lettings and support local communities. The growing private rented sector is now bigger than the social rented sector and the trend is set to continue over the next five years, with a predicted increase of at least one million more households. But despite its growth regulation has not kept pace and although private rents are on average twice those of social housing, a third of privately rented homes are of poor quality with low levels of low energy efficiency. Download a copy of the report from the NFA website.


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