Shake-up to give more security to renters

LONGER tenancies for renters will be introduced under Government proposals to give them more security.

A mandatory minimum threeyear contract is being consulted on that would stop landlords forcing tenants out at short notice.

Communities Secretary James Brokenshire said it would allow renters to put down roots and give property owners more financial security.

Renters stay in a home for an average of four years but eight in ten contracts are for a minimum of six or 12 months.

Under the proposals, tenants would be able to leave before three years but would have greater protection if they wanted to stay put. The consultation will look at whether there should be exemptions for student accommodation and other types of tenant.

Polly Neate, chief executive of charity Shelter, said: ‘Losing a tenancy is the main driver of homelessness and also causes huge instability for renting families, so everyone who rents will be very pleased to see a move towards longer tenancies.

‘But if the Government really wants to provide stability for renters, they can go beyond three years to provide real protection from eviction, and the huge upheaval of having to move home, jobs and schools.’