Sliced Bread Consulting and Bristol University’s Personal Finance Research Centre (funding complete)

Sliced Bread Consulting and Bristol University’s Personal Finance Research Centre (PFRC) conducted research to investigate the specific barriers vulnerable private tenants face in accessing and using financial services. They also made recommendations to local stakeholders of ways to address private tenants’ financial exclusion.

The first part of this project was research to investigate the specific barriers vulnerable private tenants face in accessing and using financial services. The full research report can be read here.

Following on from this research, in December 2014, Sliced Bread and PFRC launched ‘Tackling Private Tenants’ Financial Exclusion: Making a Difference Locally’. It sets out a framework for action for local stakeholders who want to address private tenants’ financial exclusion in their areas.

The five priorities for local action are:

1. Build private tenants’ needs into local financial inclusion strategies.
2. Maximise use of existing contact points to identify private tenants at risk of financial exclusion.
3. Promote access to rent accounts and bond schemes.
4. Embed financial inclusion and financial capability within housing support services.
5. Make landlords part of the solution.

This project was funded jointly by the Nationwide Foundation and Nationwide.