The end of a private tenancy with a private landlord was the most common cause of homelessness in the first quarter (Q1) of this year, according to a recent report.
Official statistics from the Department for Communities and Local Government found that the end of a private tenancy was responsible for 31% of all households accepted as homeless in England between January and March this year. This equates to 4,650 households.
This figure rose to 41% in London, representing 2,040 homeless households.
The report states: “The end of an Assured Shorthold Tenancy has been an increasingly common cause of loss of last home over the last six years, rising from 4,580 (11% of all cases in 2009/10) to 17,900 (31% of cases in 2015/16).
“This has happened during a time when the private rented sector has doubled in size (since 2002) and now houses 4.3m households (2015/16).”
The total number of households accepted as being statutorily homeless in England between January and March was 14,780. This is up by 2% on the previous quarter, and by 9% on the same quarter last year.
The total number of households in temporary accommodation as of 31st March was 71,540 – up by 11% on the same date last year.
Half of the households (51%) applying for housing assistance under homelessness legislation were accepted as homeless, while the rest were rejected.
Worryingly, recent data from the Ministry of Justice suggests that rental property evictions are on the up.
While more tenants may be struggling with housing costs, it is vital that landlords protect their income and avoid falling into financial difficulty themselves.
Ensure you still get paid if your tenants fall into rent arrears with Rent Guarantee Insurance. Our policy also includes Legal Expenses Cover, which protects the cost of evicting your tenants through the courts.