4.2 • 804 Ratings
🗓️ 14 August 2024
⏱️ 29 minutes
🧾️ Download transcript
Average rents in the UK rose by well over 8% in the past year, according to the ONS. In today’s King’s Speech, the new government has committed to introducing legislation to give greater rights and protections to people renting their homes. That included ending no fault evictions and reforming grounds for possession.
So what will that mean for your money and your home?
Joining us are Jasmine Basran from Crisis - a charity for people experiencing homelessness, Richard Donnell, from the property platform Zoopla and Richard Blanco, a landlord and property expert from the National Residential Landlords Association.
Presenter: Felicity Hannah Producer: Sarah Rogers Studio Producer: Neil Morrow Editor: Jess Quayle
(First broadcast 3pm Wednesday 17th July 2024)
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0:43.8 | Hello, in a day full of pomp and ceremony, there have been some pretty big announcements for renters and for landlords. |
0:51.0 | And in today's Moneybox Live podcast, we're looking at what's going to change. |
0:55.2 | His Majesty, King Charles, announced the government plans to build more homes. |
0:59.6 | My ministers will get Britain building, including through planning reform, as they seek to |
1:05.7 | accelerate the delivery of high-quality infrastructure and housing. And there's also a new renter's rights bill. |
1:13.8 | Legislation will be introduced to give greater rights and protections to people renting their homes, |
1:20.7 | including ending no-fault evictions and reforming grounds for possession. |
1:26.1 | But the problems in rental run deep. Official figures show |
1:30.3 | rents rose by 8.6% just in the last 12 months. And demand is massive as well. The property website |
1:37.0 | Zupla says there are 15 people chasing each home that's available for rent. That's more than |
1:42.3 | double pre-pandemic levels. So today we're |
1:45.0 | asking what will the changes mean for your money and for your home? Well the King outlines |
1:50.6 | the government's plans but not in any great detail so I'm joined now by Moneybox Live |
1:55.0 | producer Neil Morrow. Neil we've been sent some more detail by the government so you can |
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