NRLA's supply and demand research secures widespread media coverage
NRLA analysis on the shortage of rental properties in London received a significant boost this week, following coverage across national, trade and regional media.
The research reveals that, despite growing demand, the number of homes for private rent is contracting across the capital.
An analysis for London Councils and Trust for London has warned that properties are leaving the rental market at a much faster rate in the most affordable locations in the capital, and according to Government data, the number of homes in the private rented sector in London fell by six per cent between 2023 and 2024.
The slump in supply comes despite data from property portal Rightmove showing how an average of eight people are enquiring about every available home to rent in London.
Widespread coverage
In its coverage of the research, The Standard referenced the negative impact which the shortage of homes to rent would have on tenants across London, citing how this could push up rents.
NRLA chief executive Ben Beadle was also interviewed about the research on BBC Radio London. During the interview, Ben said that urgent action is needed to boost the supply of homes to rent, specifically calling for measures such as tax changes to boost supply and grow the capital's housing stock - in parallel with increased availability of social housing. This interview can be listened to on BBC Sounds here (Ben's contribution begins at the 1 hour 15 minute mark).
The research was also covered by numerous trade press, including articles in Property Industry Eye, Property Reporter and The Intemediary, to name just a few titles.
BBC Radio 4
Our chief policy officer Chris Norris was also interviewed live on BBC Radio 4's 'Today' programme for a feature on the use of guarantors across the private rented sector. The interview can be heard on demand via this link (the contribution begins at 1 hour 51 minutes).
During the interview Chris spoke about the benefits of using guarantors, and also discussed upcoming changes to the private rented sector including about the reforms set out in the Renters' Rights Bill.
The Bill cleared the House of Lords this week, and is expected to return to the House of Commons for the next stage on 8th September.
During the Third Reading of the Bill, Baroness Thornhill praised the NRLA's campaigning briefings, saying:
"For me, it was challenging to read [the NRLA's] excellent briefings and pit its persuasive arguments against my own."
- You can read the latest on the Renters' Rights Bill, what it means for you and what happens next in this latest blog.
- If you'd like to keep up-to-date with the latest developments from the NRLA - including on how we campaign on behalf of our members across the UK media - do follow us across our social media channels.