Landlords need help to cope with 44% jump in elderly renters: NRLA

11 August 2021

The number of private rented households with someone aged 65 or over living in them has jumped by 44% over the last decade, according to government data.

Over one million, or 25%, of private rented households in England have someone living in them with a long-term illness or disability, driven by an ageing population.

But despite this, a quarter of all private rented households that require modifications for the elderly say their home does not meet their needs, according to the government’s latest English Housing Survey 2019 to 2020 report.

The data comes as the National Residential Landlords Association warns that not enough is being done to help landlords secure financial support to adapt properties for older people or disabled tenants.

Read more here: https://www.mortgagestrategy.co.uk/news/landlords-need-help-to-cope-with-44-jump-of-elderly-renters-nrla/

Mortgage Strategy