One promise the Prime Minister must keep

Theresa May has broken her word. She ruled out a snap election five times, then called one.

Our question is: what other promises is she going to tear up?

The government is consulting now on proposals to ban letting fees, and the deadline of 2 June is a week before polling day.

Read more

7 mistakes to avoid when renting a new home

The housing market is always changing and expanding, and more people are now renting privately than ever. However, with the increase in demand comes an increase in the amount of letting agents who are willing to try and get as much money as they can.

Read more

Mark Carney and how the house price boom could scupper the economy

Bank of England Governor Mark Carney's warning this week that the housing market represents the principle threat to the economic recovery created a media shock, but little response from those in power. This displays a lack of understanding at senior levels of the scale and immediacy of this threat.

Read more

No let-up for house price inflation

House prices continue to outpace wages. Hot on the heels of Mark Carney's interview with Sky News and David Cameron's interview on this morning's Today Programme, the Office for National Statistics published its House Price Index, which confirmed that there’s no let-up for first time buyers, who are facing double-digit inflation and stagnant wages.

HPImay.png 

Read more

What should be in the Renter's Manifesto?

There is one year until the 2015 General Election and housing will be a central issue. We are deep in a housing crisis and radical action will be needed, whoever is in government once the votes are counted.

Read more

Letting fees ban - how MPs voted

We've had a number of requests to publish the list of how MPs voted in the failed bid to outlaw letting agent fees to tenants. You can see the full list here.

This campaign isn't dead though. We'll be working with enlightened Peers to bring this back in the Lords. Unlike MPs, Lords don't get their letting agent fees paid on expenses so we're expecting more support.

Deposits gone for a Burton

You may have seen us on Channel 4 News recently discussing their investigation into rent-to-rent landlord Daniel Burton. Just to update you, we met yesterday with the heads of all three schemes to discuss how tenants can be protected from people like Burton.

We had a very productive meeting and we will continue to discuss a range of ideas on issues around the Daniel Burton story. We'll let you know how these discussions progress.

Alex

MPs snub renters over letting fees

The Government yesterday backed letting agents over renters by refusing to ban fees to tenants. In voting on the Consumer Rights Bill, Conservative and LibDem whips defeated the ban 281 to 228. The Government instead promised new fines for agents who don’t publish their fee tariff.

Read more

MPs to vote on ban letting agent fees

genrent_twitter_600_450.png

On Tuesday 13th May MPs will be voting on an amendment to the Consumer Rights Bill that will ban letting agent fees to tenants.

Please sign up to our campaign here and use the form below to write to your MP asking them to back this amendment. You can edit the text of the draft letter below if you like. Just click on it to edit.

Many thanks,

 

Alex Hilton

Why banning letting agent fees won't push up rents

Supply and demand.

Oh you wanted more than that? Ok.

There is short supply and high demand for homes to rent. The balance between these forms a price that a tenant is willing to pay a landlord. So far not controversial.

However, that is not how the relationship between tenant and agent is characterised. At the time of signing a contract, the agent is the gatekeeper to a single home with any number of keen tenants. The agent is not an actor in the market for homes to rent but a creator of micro-monopolies for single homes.

Read more

Labour pledges to fix private renting

With the news that private renters could hold the deciding vote in 86 seats at next year's election, political parties are realising that they need to win them over. 

First to make a move is Labour, whose leader, Ed Miliband, will announce plans on Thursday to introduce new laws to:

  • extend the standard length of a tenancy to 3 years
  • ban letting agent fees
  • cap rent rises
Read more