Younger people are encountering difficulties in renting homes as landlords become more reluctant to let properties to under-35s because of fears about rent arrears, independent research commissioned by the Residential Landlords Association and carried out by Sheffield Hallam University has found. The research, which was conducted among a sample of over 1,000 landlords, found that while rents were rising for those aged between 25 and 34, they had fallen significantly for over-55s. Four-fifths of landlords who continued to let to Housing Benefit or Universal Credit claimants had put in place additional safeguards, Two-thirds of landlords were uncomfortable with under-35s on housing benefit or universal credit, and 44% were unwilling to let to students.
Younger people are encountering difficulties in renting homes as landlords become more reluctant to let properties to under-35s because of fears about rent arrears, independent research commissioned by the Residential Landlords Association and carried out by Sheffield Hallam University has found. The research, which was conducted among a sample of over 1,000 landlords, found that while rents were rising for those aged between 25 and 34, they had fallen significantly for over-55s. Two-thirds of landlords were uncomfortable with under-35s on housing benefit or universal credit, and 44% were unwilling to let to students.