This means that the number of housing opportunities are decreasing, creating a longer waitlist for those who are in need of social housing. Subsequently, rental prices are increasing, more families are searching for suitable accommodation which places further strain upon housing providers and authorities to fulfil this demand.
Although enhanced tenant safeguard policies are both admirable and essential, the unintended side effects and overlooked dangers are fuelling a difficult situation that includes decreasing housing supply, rising tensions, and widespread instability in the market.
This situation is prompting landlords to exit the market, as the combined demands of tenancy management, property regulation, and maintenance are becoming increasingly burdensome.
In England alone, the private rental sector has shrunk by over 200,000 properties in the last 12 months (NRLA), compelling tenants to urgently seek out more affordable housing solutions that compromise safety and security.
How do landlords mitigate these changes in a pressured market?
A balance in property management and tenancy maintenance needs to be found to provide more stability for landlords. The private rental sector is crucial in bridging the gap between the ever-growing list of individuals on the waitlist for safe housing and the deficit in quality housing supply.
How can Homlex help you?
- Tenant-ready compliant properties that adhere to housing association standards, including HHSRS, gas and electrical safety, fire safety, and EPC ratings.
- Full property and facilities management services, covering routine maintenance, repairs, utilities, cleaning and security.
- Smooth onboarding processes and asset management solutions, featuring comprehensive reporting, inspection scheduling and tracking systems.
- Flexible leasing options enabling associations to scale their portfolios up or down in response to changing requirements.
- By integrating property and facilities management, Homlex guarantees that each asset is fully compliant, cost-effective, well-maintained, safe, and operational – alleviating pressure on overstretched housing teams.
Join Us in Making a Difference
Whether you’re a private landlord with a property to lease, a housing association seeking high-quality housing stock, or a local authority working to reduce homelessness in your area – Homlex is your trusted partner.
