Risks and Trade Offs


Sell My House Quickly in Stirling

Sell My House Quickly found another interesting article about properties in Stirling. The risks and trade offs of renting from a private landlord.

Risks and Trade OffsPeople living in the private rented sector are forced to make hard choices in order to meet their basic needs. It is a new study from the UK Collaborative Centre for Housing Evidence [CACHE] reveals.

Poor-quality, overcrowded, and unaffordable accommodation are substantial drivers of poor health and wellbeing. The impact of housing on widening health inequalities has been highlighted by the pandemic. But these are systemic issues which need to be addressed if we are to ‘build back better’.

According to figures published by the Ministry of Housing, Communities & Local Government, since COVID-19 more people are feeling lonely and experiencing deteriorations in wellbeing, especially private renters. A new study from CaCHE, co-authored by the University of Stirling’s Dr Kim Mckee and funded by the TDS Charitable Foundation and the SafeDeposits Scotland Charitable Trust, explored the human face behind these statistics by carrying out in-depth interviews with 53 tenants from across the UK in March 2021.

Some participants spoke positively about their landlord and/or letting agent, highlighting their responsiveness, flexibility, and good communication. Whilst for others managing this relationship was challenging and had negative impacts on their wellbeing.

Reflecting findings from a wider body of research

Some tenants taking part in the study said they would refrain from asking landlords to carry out repairs or upgrades because of a fear of possibly putting the tenancy at risk if. For instance, the landlord was perceived to lack the necessary funds to carry out the repairs.

Tenants worried about their ability to remain in an area or neighbourhood and made pragmatic trade-offs. They were willing to accept poorer quality properties. This detrimentally impacted their health and wellbeing in order to access a particular location for convenience to social networks, employment, schools and childcare.

The report makes the case that the housing we should strive for as a society must be better than what currently exists and makes several recommendations for improving the sector. This includes improving the support that is available to tenants as well as training and advice for landlords. Adequate funding for councils to enforce against poor property conditions is also essential.

We found this article about The risks and trade offs of renting from a private landlord on University of Stirling. Kindly click the link to read the full story.

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