Home ownership is not always the best option
Insecurity over property prices and post credit-crunch mortgage re-negotiations have left many people happier to rent property rather than buy outright.
The government select committee report on the future supply and availability of rental properties has clarified good practice and has left landlords wondering why renting is still seen as lack of home ownership.
David Salusbury, chairman of the National Landlords Association (NLA) commenting on this report, said: "Rented housing should not be seen as second-best.
"According to government figures, 81 per cent of tenants are on good terms with their landlords and it is good to see that the significant contribution landlords make to the housing mix has once more been acknowledged. Where people are suffering at the hands of irresponsible rogue landlords in sub-standard rental accommodation, local authorities should be using the existing statutory powers they have in order to force the necessary improvements to be made."
May 23rd 2008