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Tue, 7 April 2020

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Removing the uncertainty and insecurity caused by short term tenancies is an important step in creating a modern private rented sector - Nationwide

Nationwide

2 min read Member content

Removing the uncertainty and insecurity caused by short term tenancies and the constant threat of eviction is an important step in creating a modern private rented sector. Nationwide has been calling on Government for some time to introduce indefinite tenancies and we welcome their commitment on this issue.


Removing the uncertainty and insecurity caused by short term tenancies and the constant threat of eviction is an important step in creating a modern private rented sector. Nationwide has been calling on Government for some time to introduce indefinite tenancies and we welcome their commitment on this issue.

Tenants who are paying rent and not breaching tenancy agreements should be able to stay in their home unless the landlord has legitimate reasons for ending the tenancy.

Our own research amongst tenants showed half had already lived in their current home for three or more years showing how unsuitable tenancies with fixed terms of six or 12 months are for those living in the sector. This is particularly important for people looking to put down long term roots in an area and those who want the stability home owners enjoy like knowing their children can keep attending the same school.

It will be important to ensure more efficient court processes are put in place to help support a reformed eviction process. Where there are problems with a tenancy – for example non-payment of rent, damage to the property and antisocial behaviour – landlords should be able to evict tenants quickly and current processes take too long or are insufficient.

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