Tenants back the idea of a dedicated minister, survey finds

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4th June 2015 17:55 - Housing

A survey by Your Mover and Reeds Rains has discovered that approximately 60 per cent of tenants support the idea of having a minister dedicated to managing tenants.

Of the respondents, just 14.9 per cent were against the idea, as opposed to the 60.2 per cent who said they supported it.

The large proportion of people who support the idea of having a dedicated tenant minister highlights the current housing situation, whereby just 11.2 per cent of the tenants surveyed said that they feel that they will get onto the property ladder in the next 12 months. This figure represents a decrease of 2.2 per cent since April 2014. As well as this, 13.1 per cent said that they feel that they will probably never own their own house, an increase of 11 per cent compared to 2014.

The survey found that the main reason that people are not buying their own home is because of difficulties saving for the deposit – 70.8 per cent of people cited this as a the reason for them renting, as opposed to buying.

Director Your Move and Reeds Rains, Adrian Gill, said of the findings:

“Tenants feel that their particular circumstance deserves special representation at the heart of government. The younger generation have been disproportionately disadvantaged by the recession, with many stuck in lower paid roles, unable to progress their careers at the same pace as the previous generation…

“Saving for a deposit has become much more arduous. Rising prices have also pushed up the amount many need to save in the first place, adding insult to injury. This means many tenants trapped in rented homes during the recovery are still playing catch-up."

The respondents were also asked if they would like to own their own home if money was not an issue – 93.4 per cent said that they would.

However, just 11.2 per cent said that they were confident that they’d have bought a home of their own by the end of 2015, although, 48 per cent said that it may take them up to 5 years.

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