Adur, West & East Worthing Party including East Arun

RENTS IN WORTHING ARE UNAFFORDABLE, NEW RESEARCH SHOWS

 

Worthing Lib Dem group leader Alan Rice

Worthing Lib Dem group leader Alan Rice

Average private rents are unaffordable for ordinary working families in over half (55%) of local authorities in England including Worthing, new research from Shelter reveals today.

In a sign that those priced out of home ownership are now struggling to meet the costs of renting – often considered the cheaper option – the Shelter Rent Watch shows that in the majority of local authorities, typical rents from private landlords were over a third of average take-home pay, the widely accepted measure of affordability. 

The housing and homelessness charity is calling for government to take urgent action to stabilise a rental market that is out of control, and develop policies to bring rents more in line with average earnings. From 1997 to 2007, rents increased at one and a half times the rate of incomes.

Recent research by Shelter showed that 38% of families with children who are renting privately have cut down on buying food to pay their rent.

Campbell Robb, Chief Executive of Shelter, said:

“With huge differences in affordability across the country, there are now worrying signs that families are likely to be displaced by our out-of-control rental market.

“Over recent years we have seen more and more people forced into renting, as high house prices and a lack of social housing have made it the only option for thousands of ordinary families.  What we’re seeing now is that renting is no longer the easy, cheap alternative to home ownership.  

“We have become depressingly familiar with first time buyers being priced out of the housing market, but the impact of unaffordable rents is more dramatic. With no cheaper alternative, ordinary people are forced to cut their spending on essentials like food and heating, or uproot and move away from jobs, schools and families.

“Government must urgently consider how private renting can become a stable, affordable option for families, and not a heavy financial burden that makes parents choose between buying food for their children and paying the rent.  

“This should be the wake-up call needed to finally take action to address our renting crisis.”

Worthing Lib Dem group leader Cllr Alan Rice added:

“This is very disappointing news from Shelter – desperate families and individuals have nowhere to turn. It is proving impossible for them to get on the housing ladder and high rents ensure they have no alternative. I call on Worthing Borough Council to do all in their power to accelerate provision of new homes – we must do all we can to stop a bad situation getting worse.” 

Notes to editors

The full report is available from Worthing Lib Dem press officer or the Shelter press office on 020 7505 2162 or 07850 901 142

 

1. This is the first report in a series which will track the affordability of private renting in England.

2. The most common way of assessing affordability is via a housing costs to income ratio – how much of a household’s net income is taken up by their housing costs. Previous research considers a range from 25% to 35% of household income to be the threshold of affordability, above which households are likely to have affordability difficulties. In our report we set the affordability threshold at 35% of median take home pay, a figure which is comparable to average household income in the private rented sector.

3. Median Gross Income, Annual Survey of Hours and Earnings, 2011; Median Private Sector Rents, Survey of English Housing, DCLG Live Table S543

4. YouGov poll.  Total sample size is 2118 UK adults – 364 living in the private rented sector. Fieldwork was undertaken for Shelter between 21st April – 3rd May 2011.  The survey was carried out online. The figures have been weighted and are representative of all UK adults (aged 18+).