Tenants made themselves heard at the ballot box last Thursday, lobby group Generation Rent has rejoiced.
Most of the seats that the Conservative Party lost at last week’s General Election had higher than average private tenant populations, the organisation has found.
At the 2011 Census, private tenants accounted for 16% of the UK population.
Of the 32 seats that the Conservatives lost to Labour and the Liberal Democrats, 20 had higher than average private renter populations – 19% being the average of the 32.
Seats that had previously been considered safe by the Conservatives that have large numbers of tenants but fell to Labour included Portsmouth South, Reading East and Battersea. Majorities were also cut in Northampton and Bournemouth.
The Director of Generation Rent, Dan Wilson Craw, comments: “As the Prime Minister prepares her legislative programme, she should bear in mind that 20 of the 32 seats she lost at this election have larger than average private renter populations. As homeownership remains unaffordable, the renter vote will only increase.
“She already recognises the injustice created by our broken housing market, but to neutralise this as an election issue, she needs to take immediate action to ban letting agent fees, strengthen security of tenure and build new council homes.
“The good news is she would enjoy cross-party support for these reforms.”
On Friday morning, the news came in that all political parties had failed to achieve a majority in the General Election.
With a higher number of votes, Theresa May entered talks with the little-known Democratic Unionist Party (DUP) to create an informal agreement that enabled her to form a new Conservative Government.
A housing expert has assessed what the uncertain result will mean for the London property market going forward: https://landlordnews.co.uk/election-result-london-property-market/
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