meta_pixel
Tapesearch Logo
Log in
The Property Podcast

TPP230 13 surprising facts about the UK rental market and a rant

The Property Podcast

Rob Bence & Rob Dix

Education, Business News, Business, News, Investing

4.82K Ratings

🗓️ 10 August 2017

⏱️ 25 minutes

🧾️ Download transcript

Summary

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. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi Rob B here with Rob D and welcome back to the Property Podcast

0:03.6

It's episode 2 30 and this week we've got 13 surprising facts about the UK

0:08.8

rental market but the bit I'm more excited about, Rob D finally has a rant.

0:18.4

Yeah, I've been storing it up for over four years and it's going to be unleashed today.

0:23.6

So yeah, you got that to look forward to.

0:25.8

But also the facts that we're going through.

0:28.0

There's a really fascinating stuff on there

0:30.1

if you are sitting on a chair,

0:31.4

prepare to fall off it in surprise.

0:33.2

Hopefully we're not building up too much.

0:35.2

So before I can hype it any further, let's come back to reality.

0:38.6

And something we can say for sure is that Rob,

0:41.6

meetups were last night and you were hanging out with the good people of

0:44.8

Bournemouth how was it it was great really nice crowd very relaxed big thank you to

0:50.1

Nick who runs the meet up there does He does a brilliant job. It's a great crowd, lovely people,

0:55.4

really nice to get down here. Who were the fourth? It was the summer when I arrived in

1:00.5

Bormuth. But actually it wasn't. It was actually awful weather when I arrived.

1:04.0

This morning, I'm still in Bormuth as we record this. It's actually very nice, which is a shame because I'm leaving today.

1:09.5

But Rob, I must admit, while people were keen to talk to me a lot of people wanted to know where you are

1:15.7

I think we've touched on it in the past but people get a bit worried when they don't get an update

1:19.9

on your location and you're not in London right now are you?

1:22.6

No I'm not I'm in Rotterdam at the moment I'm actually watching a massive

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rob Bence & Rob Dix, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Bence & Rob Dix and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.