Will government help for private renters include students?

With the government hinting that support could be on the way to alleviate financial pressure for tenants who are unable to afford rents which have risen 16% this year, there still remains some doubt as to whether or not students will be included in the plans.

Related topics:  Landlords
Property Reporter
11th November 2022
student 3

Speaking on the BBC, Michael Gove, the cabinet minister with responsibility for housing, was asked if renters can expect the government to help with their rent as landlords and letting agents continue to hike prices.

He stated:”We know people in the private rented sector and in the social rented sector are facing tough times. We are looking at a range of options to help them. It could mean targeted support for all sorts of people who are in difficulty.

“Rent is going to be one of the challenges people will face… There are different ways of supporting people, whether that’s through universal credit, the tax system, or direct support."

The Scottish parliament last month passed emergency legislation designed to protect tenants hit by the cost of living crisis that freezes rents until at least the end of March 2023. Figures released by Rightmove revealed an annual increase for tenants in the cost of rented housing of 16.1% - with the average monthly rent hitting £1162 outside of London.

For the average-priced student rented property of £148 a week that means an annual increase of £1239.

Analysis by student renting support service, Very Wisre Student, has indicated that students already spend 76% of their income on rent – even though almost two-thirds of them end up with complaints about the quality of their accommodation.

Ajay Jagota, Very Wise Student founder responded to the reports: “The impact of the cost of living crisis on students all-too-often goes under the radar, but they are in exactly the same position as other private renters, facing rising rents with restricted budgets which are already having to stretch further and further with every passing day.

“If the government is going offer support to renters, that support has to come in a way which applies to those in student accommodation – and if that support comes through universal credit or the tax system it must be mindful that students may not benefit from it.

“At Very Wise Student we’re seeing a steep spike in demand for our services – and that will come as no surprise to people who have seen pictures like the ones on national news of students in Durham queuing up overnight to try and find homes. A shortage of student accommodation is likely to force students into the arms of unscrupulous and uncaring landlords and letting agents peddling unsafe and unsanitary homes.

“Very Wise Student helps all student renters get access to legal justice. Whatever the issue is with their rented student housing we will take up the issue directly with their landlord or agent – and if all this extra pressure is really getting on top of them, we can help with emotional support too.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.