Helping private tenants achieve financial inclusion

Private tenants are being left behind in progress towards financial inclusion. Although significant progress has been made since the early 2000s in increasing access to transactional banking, overall, financially excluded private tenants – being harder to identify and to reach – have rarely been targeted with help and support. As a result, the proportion of private tenants without bank accounts has remained fairly constant, in contrast with declining numbers of unbanked homeowners and social tenants. Being a private tenant has become a bigger indicator of the likelihood of an adult living in an unbanked household than being a social tenant. Heavy targeting of financial inclusion initiatives towards social tenants, who are easier to reach, has left private tenants trapped in something of a policy vacuum, and reduced opportunities for learning about how to reach this group with interventions and services that might benefit them.

A report by Personal Finance Research Centre and Sliced Bread Consulting.

Authors of report are Claire Whyley, Andrea Finney, and Dawn Muspratt.

Report can also be found at