In announcement made by the Government last week, proposals are afoot to reduce the supply of shared housing to UK citizens, a move which could have serious implications for the make-up of your neighbourhood. If the proposals become law, landlords will require planning permission for new shared properties containing 3 or more unrelated tenants.
Currently, 1/5 of all privately rented properties are shared by 3 or more unrelated people, often students, young professionals, house repossession victims and low income individuals. With landlords across the UK feeling the pinch at the moment, who knows if they’ll be prepared to go through time-consuming red tape in order to have such a property on their books.
