Tenancy turnover rates for housing associations were three times higher in the North of England than in London last year, according to a report published last week by the Housing Quality Network.
Associations in the North relet about 9.8% of their stock during 2003/4, compared to 3% in London.
However, overall tenancy turnover has fallen year-on-year. Net relets fell to 9.5% in 2003/4, compared to 11.6% in 2002/3.
Hal Pawson, the senior research fellow at Heriot-Watt University who compiled the report, said Northern associations were reletting more properties because people in the region found it easier to buy homes.
He said: “It’s still a lot more affordable to move into the private sector in the North. A higher proportion of people in the region are leaving the social rented sector.â€
But Pawson added that overall tenancy turnover was declining because of rising house prices outside the South-east.
He said: “The house price ripple has spread into the North and Midlands and it’s becoming more difficult for social housing tenants to enter the private rented sector.â€
Associations in the North also find it more difficult to relet properties, the study found.
Pawson said: “In the North, landlords have to offer a property to two or three people before someone accepts it while, in the South-east, a lot of tenants will accept a property on a first viewing.â€
Source
Housing Today
Postscript
To read the report, go to www.hqnetwork.org.uk