The Government consults about longer tenancies

Government-consults-about-longer-tenancies

The Government is consulting about measures to increase security for tenants in the private rented sector – such as introducing a 3 year tenancy with a 6 month break clause. The private rented sector makes up 20% of all households.

The average length of residence in the private rented sector is 3.9 years in comparison with 17.5 years in the owner occupier sector and 11.3 years in the social sector. However, 81% of tenancies granted are for an initial fixed term of 6 or 12 months.

To read the full article from ARAG, click the link below….

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