Tuesday, September 21, 2021
Landlords

Thousands of Northumberland’s cheapest rental homes could be lost

Experts believe more than 2,500 of Northumberland’s cheapest rental homes could be lost between 2012 and 2020.

And one property campaigner believes this is ‘yet more evidence of the burning need to give renters a better deal’.

Government figures released earlier this month showed that the total number of affordable homes available at social rent in the UK fell by more than 120,000 between 2012 and 2016.

Forecasters at the Chartered Institute of Housing (CIH) predict that this will rise to 250,000 by 2020 – an overall drop of 10 per cent.

If these figures were replicated across the North East, it would leave 25,951 fewer of the cheapest rental homes in the region and 2,584 in Northumberland.

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