We've waited four years for Rob D to rant and this is the episode where it finally happens.

This week's topic takes information from an official government publication 'The English Housing Survey' which you can find here.

Here are some of the facts we look at in the report:

Size & composition of rental sector
4.5m households are in PRS. That’s 20% of all households. Up from 12% in 2006
24% of private renters receive housing benefit, but only 5% had their full rent covered by HB
74% were working

Ability to pay rent
Households in the PRS spend 35% of their income on rent. 45% in London, 32% excluding London
71% found it “fairly” or “very” easy to pay their rent. Falls to 41% in London
9% of private renters had been in arrears in the last year, compared to 25% of social renters
Mean weekly rent is £184 overall: £300 in London, £153 outside London. Slightly more expensive than the average mortgage payment
66% of private renters have no savings. Of the 1/3 who did, 41% of them were under £5,000. Scary!

Length of tenancy and satisfaction

 
Average tenancy length 4.3 years

 
82% satisfied with accommodation. 10% dissatisfied, compared to 13% of social renters
Of those who had repairs carried out in last 12 months, 18% were dissatisfied with how it was done. Compared to 22% of social renters

Why last tenancy ended
73% because they wanted it to. 11% ended by landlord. Only 2% left because of rent increase
Of those 11% ended by LL, 63% were because the landlord wanted to sell or use the property (but could be skewed)

So these stats would indicate that private landlords are not doing too bad of a job in fact.

But hang on a minute, another perspective came out recently which, on the face of it, looks very different which was reported in Guardian as "Landlords are turfing people out of their homes without reason - and it's completely legal" And here we have the fuel for Rob D's very first rant in four years. You'll have to listen to the podcast in full to listen to him go... 

Resource of the week

Thanks to Damien for this resource, which is a good one. It's another look at the private rental market and gives you even more data than we've discussed already. Check this one out here. 

Join the conversation over in the forum

Want to join in the ranting? Join the conversation in the forum.

If you enjoyed The Property Podcast, please leave a review on iTunes

Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.

If you’d like to hear your name on the show, leave us a review on iTunes here.

Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.

We've waited four years for Rob D to rant and this is the episode where it finally happens.
This week's topic takes information from an official government publication 'The English Housing Survey' which you can find&nbsp;<a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/627686/Private_rented_sector_report_2015-16.pdf">here</a>.
Here are some of the facts we look at in the report:
Size &amp; composition of rental sector
<ul>
<li style="font-weight: 400;">4.5m households are in PRS. That&rsquo;s 20% of all households. Up from 12% in 2006</li>
<li style="font-weight: 400;">24% of private renters receive housing benefit, but only 5% had their full rent covered by HB</li>
<li style="font-weight: 400;">74% were working</li>
</ul>
Ability to pay rent
<ul>
<li style="font-weight: 400;">Households in the PRS spend 35% of their income on rent.&nbsp;45% in London, 32% excluding London</li>
<li style="font-weight: 400;">71% found it &ldquo;fairly&rdquo; or &ldquo;very&rdquo; easy to pay their rent. Falls to 41% in London</li>
<li style="font-weight: 400;">9% of private renters had been in arrears&nbsp;in the last year, compared to 25% of social renters</li>
</ul>
<ul>
<li style="font-weight: 400;">Mean weekly rent is &pound;184 overall: &pound;300 in London, &pound;153 outside&nbsp;London. Slightly more expensive than the average mortgage payment</li>
<li style="font-weight: 400;">66% of private renters have no savings. Of the 1/3 who did, 41% of them were under &pound;5,000. Scary!</li>
</ul>
Length of tenancy and satisfaction
&nbsp;
<ul>
<li>Average tenancy length 4.3 years</li>
</ul>
&nbsp;
<ul>
<li style="font-weight: 400;">82% satisfied with accommodation.&nbsp;10% dissatisfied, compared to 13% of social renters</li>
<li style="font-weight: 400;">Of those who had repairs carried out in last 12 months, 18% were dissatisfied with how it was done. Compared to 22% of social renters</li>
</ul>
Why last tenancy ended
<ul>
<li style="font-weight: 400;">73% because they wanted it to. 11% ended by landlord.&nbsp;Only 2% left because of rent increase</li>
<li style="font-weight: 400;">Of those 11% ended by LL, 63% were because the landlord wanted to sell or use the property (but could be skewed)</li>
</ul>
So these stats would indicate that private landlords are not doing too bad of a job in fact.
But hang on a minute,&nbsp;<a href="https://www.jrf.org.uk/report/poverty-evictions-and-forced-moves">another perspective&nbsp;</a>came out recently which, on the face of it, looks very different which was reported in Guardian as "<a href="https://www.theguardian.com/housing-network/2017/jul/25/no-fault-evictions-landlords-tenants">Landlords are turfing people out of their homes without reason - and it's completely legal</a>" And here we have the fuel for Rob D's very first rant in four years. You'll have to listen to the podcast in full to listen to him go...&nbsp;
Resource of the week
Thanks to Damien for this resource, which is a good one. It's another look at the private rental market and gives you even more data than we've discussed already.&nbsp;<a href="https://www.gov.uk/government/statistics/private-rental-market-summary-statistics-april-2016-to-march-2017">Check this one out here</a>.&nbsp;
Join the conversation over in the forum
Want to join in the ranting?&nbsp;<a href="http://thepropertyhub.net/forum/topic/6736-episode-229-the-mortgage-shake-up-you-need-to-understand/">Join the conversation in the forum</a>.
If you enjoyed The Property Podcast, please leave a review on iTunes
Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air.
If you&rsquo;d like to hear your name on the show,&nbsp;<a href="https://itunes.apple.com/gb/podcast/the-property-podcast/id624127071" data-cke-saved-href="https://itunes.apple.com/gb/podcast/the-property-podcast/id624127071">leave us a review on iTunes here</a>.
Not sure how to leave a review?&nbsp;<a href="http://youtu.be/t9kPa0KcSsI" data-cke-saved-href="http://youtu.be/t9kPa0KcSsI">This video shows you how to review and subscribe on iTunes.</a>

The Property Podcast from Property Hub (propertyhub.net) is the podcast for all property investors – new or experienced. Rob Bence and Rob Dix discuss a different property topic and property news item each week, passing on their knowledge and experience to the listeners. They both invest in UK Property so they practise what they preach. No hard sell, no bull just straight talking property investment advice!

A UK podcast for new or experienced property investors

The Property Podcast

Rob & Rob advise a multi-million pound property fund, and have put together more than a thousand deals over the last decade. The Property Podcast is the show where they share their knowledge with you, for free!

Tune in every Thursday to hear them cover the latest news and hottest topics in UK property investment – and get your own questions answered on the special weekly “Ask Rob & Rob” show.

Rob &amp; Rob advise a multi-million pound property fund, and have put together more than a thousand deals over the last decade. The Property Podcast is the show where they share their knowledge with you, for free!
Tune in every Thursday to hear them cover the latest news and hottest topics in UK property investment &ndash; and get your own questions answered on the special weekly &ldquo;Ask Rob &amp; Rob&rdquo; show.

For the first time in four years Rob D has a rant...

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