General

Greycoat Real Estate: Are Landlords Attributing To The Homeless Population In London?

Greycoat Real Estate reveals approximately 2000 England households are facing homelessness. Why? Landlords are leaving the private rental sector. They are selling their properties and moving on.

Greycoat Real Estate explains landlords are placing the blame on the government. The government’s delay in renting reforms is causing landlords to sell. The lack of reform is not the only problem facing landlords. High interest rates are a problem, too.

The trusted and reliable Greycoat real estate agency says a record number of children are living in temporary housing because of being evicted from their rental homes. However, is it truly the landlord’s fault? The agency continues to explain tenants do not have protection if their landlord sells.

Many blame the government for the problem. By stalling on the rental reforms, they jeopardize the livelihoods of many across England, not just in London (Parkeray).

It is the hope, continues the Greycoat Real Estate Agency, that responsible landlords do not continue to sell, which will put people out on the street. Though many believe, says Greycoat, it is not the landlords who are at fault. It is the laws that are at fault. Renters, at this time, do not have protection. If their landlord sells, they do not have time to find a suitable home.