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Money Box

Money Box Live: Renting and the King's Speech

Aug 14, 2024
Jasmine Basran from Crisis, a charity aiding the homeless, and Richard Donnell, a property expert from Zoopla, discuss the UK rental landscape. They delve into the government's new renter rights initiatives, including the end of no-fault evictions and better protections. The rising 8% average rent poses significant challenges for renters, and personal stories highlight the emotional toll of eviction. The conversation also touches on the impact of accidental landlords leaving the market and the urgent need for improved housing regulations.
28:48

Podcast summary created with Snipd AI

Quick takeaways

  • The UK government's new legislation aims to significantly enhance renters' rights by ending no-fault evictions and improving property standards.
  • The current rental market is under severe pressure, with a high demand resulting in fierce competition and escalating rent prices for tenants.

Deep dives

Government Housing Initiatives

The government has announced plans to address housing shortages through a commitment to build more homes. This initiative includes planning reforms aimed at accelerating the delivery of high-quality infrastructure and housing. The aim is to ease the pressure on the rental market, which has seen rents increase significantly amid rising demand and limited availability. With official figures showing a substantial rise in rent prices and fierce competition for homes, these proposed changes intend to create a more balanced housing market.

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