top of page

NLA Says Homeless Charities Could Do More


benefit cuts

Homeless Tenants are too High Risk for Landlords

Direct payments and a reduction in the amount of Housing Benefit have made landlords even less likely to let properties to vulnerable tenants.

“Renting homes is a business and unfortunately many landlords see renting to the homeless as too much of a risk. Very few landlords start letting with the intention of providing a social service and only the experienced landlords are set up to be able to let to this market,” said Richard Lambert.

“It is not enough simply to get a roof over someone’s head and consider the job done – things must be set up from the start so that the tenancy is in the best position to be sustained.”

NLA: Homeless Charities Could Be Doing More

The NLA has come up with three areas that homelessness agencies would do well to focus on the following three areas:

  1. Pre-tenancy assurances – Homeless people won’t have references, so landlords should be given as much information as possible about the tenant so they can make an informed decision.

  2. Mitigating the risk – Can financial incentives be given to reduce the financial risk?

  3. Support for the tenant – Vulnerable tenants need support at the beginning and throughout a tenancy.

0 views

Related Posts

See All

Sourced Properties Weekly List to Your Email inbox The August sentiment survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in the lettings market.

In a recent survey by Bankrate UK, a mortgage comparison service, questioned buyers about their prospective purchases in the last 6 months in the UK. 46% revealed they had their prospective property d

House prices in the UK are starting to fall after 8 years of stable growth. This is according to recent house price indices. At the moment prices are still fairly stable, but market fluctuations have

bottom of page