Private renters pay more despite limited support

Private renters pay more despite limited support

0:01 AM, 3rd September 2024, About A day ago

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The majority of private renters are struggling and have little to no housing support compared to social housing renters.

New data from the government reveals that 62% of households renting from the council receive support costs to help them pay rent compared to just 25.4% of private renters.

Even private renters who do receive support are still paying higher rents than those in social housing.

Working private renters pay more

According to an updated version of the English Housing Survey, private renters who get help with their rent still pay an average of £59 per week, while those in local authority housing pay only about £21.

The report also reveals a big difference based on the economic status of households. Only 17.6% of working households renting privately receive support, compared to 39.9% of those in local authority housing.

For retired households, the situation improves slightly, with 36.2% of private renters receiving support. However, they still face higher costs, paying an average of £38 per week in rent even after receiving support.

Private renters paying more than double

The type of accommodation also makes a big difference, with some private renters paying more than double.

According to the English Housing survey, private renters in flats shell out an average of £220 per week, whereas those in social housing only pay about £109.

The news comes after a SpareRoom survey which reveals private renters are having to find an extra £312 per year to cover the cost of rent that exceeds their budget.


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