11:26 AM, 19th December 2022, About 2 years ago 3
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It might go against the media narrative that landlords offer poor housing, but a survey of tenants has revealed that just 10% of them are unhappy with their rented home.
The findings from the TDS Charitable Foundation also show that 67.7% are happy and 22.3% of renters were neither dissatisfied nor satisfied with their property – that could be read as 90% of tenants are not unhappy with their rented property.
Indeed, the survey of 2,000 tenants mirror the same satisfaction levels that are in the English Housing Survey, which found that 63% of renters are satisfied with their home.
The TDS Charitable Foundation survey, which aims to help the trustees of the foundation deliver their objectives, also found:
In good news for landlords, the survey reveals that 63.5% of tenants are satisfied with their letting agent/landlord, with 13.6% expressing dissatisfaction.
When questioned about communication, 67.7% of renters say they find it is easy to communicate with their agent or landlord, but 15.7% find it challenging.
Landlords may not be surprised that 60.2% of tenants confessed they had not heard about the Rental Reform White Paper – but 25.9% had heard of it though they did not know what it is proposing.
The survey dug deeper into this and found that 69.3% of tenants agree that rental sector reform is long overdue, but 43.6% say the reforms would change very little. 64.7% of tenants felt that the reform will improve their rights.
However, it appears that landlords may not be fulfilling their obligations when it comes to giving tenants important documentation.
Tenants in England and Wales were asked if they were familiar with the important documents that should form part of their rental agreement.
Just 34.6% of tenants say they have a copy of the Government’s ‘How to Rent Guide’, and 43.5% say they haven’t been given a copy.
When asked about their deposit protection certificate, 54.8% of renters say they have a copy – but 26.5% say they haven’t. 18.7% of respondents who weren’t sure.
The Gas Safety certificate has been handed to 63.5% of tenants with 23.7% saying they don’t have one, and the Energy Performance Certificate has been handed to 51.3% of tenants with 29.8% saying they haven’t received it.
However, 82.6% of renters say they have a copy of the tenancy agreement, with a worrying 10% saying they don’t have a copy and 7.4% saying they aren’t sure.
The TDS says: “Given it is likely that in most cases all of these documents will have been supplied to tenants, the challenge for landlords is to ensure that tenants are fully aware, and therefore will later recall, the importance of each of these documents to them as a tenant.”
While 12.6% of tenants say they are finding it difficult to pay rent, 41.6% say they can pay easily every month and 41.6 are ‘somewhere in between’.
The survey shows that affordability varies by region with the figures for those struggling to pay rising to more than 20% for renters in the South, the South East, the North East, Midlands and Greater London.
When tenants were asked about their home’s condition and whether any improvements were needed, 61.3% of renters rated their property to be in a good overall condition, with 19.9% rating their property as poor.
And when questioned about outstanding repairs, 64.6% of tenants confirmed there were no outstanding repairs that exceeded a four-week wait, but 35.4% reported they did have outstanding repairs to their property.
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Mick Roberts
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Sign Up5:53 AM, 20th December 2022, About 2 years ago
And let's keep charging & punishing the other 90% of Landlords/tenants/homes to help the 10%. Then the other 90% end up worse off.
Paul Essex
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Sign Up14:09 PM, 20th December 2022, About 2 years ago
I assume by inference that 100% of owner occupiers are happy with their homes then; and 100% happy with their mortgage company.
Reluctant Landlord
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Sign Up10:12 AM, 22nd December 2022, About 2 years ago
I suggest that more than 10% of landlords are unhappy with their tenants. Where's that headline???