During his recent visit to New York City, the Mayor of London took the opportunity to announce one of his key pre-election pledges for the private rented sector, the London Living Rent.
Doing so while overseas was both surprising and interesting and his visit to New York highlighted the challenges facing the Mayors of both cities.Read more
Today Generation Rent publishes 'London's Turning: Towards a sustainable private rented sector under the new Mayor', our call on Sadiq Khan to act rapidly and boldly in his response to the capital's housing crisis.Read more
Today we have called on the Mayor of London to adopt a set of policies that will speed up his efforts to end the capital’s housing crisis.
To remind him what’s at stake, we have uncovered another startling trend that is hurting the city and its people.
Every year the Office for National Statistics releases figures on internal migration – how many people move from one part of the UK to another – and people are moving out of London at an alarming rate.
As Sadiq Khan announced the membership of his new Homes for Londoners board last week, the private rented sector was conspicuous by its absence. Despite close to one third of Londoners privately renting, the new body has not yet made provision for either tenants’ voices to be heard, nor for a clear focus on the PRS to be part of HfL’s work.Read more
The latest evidence is from the English Housing Survey, which revealed in July that up to 69% of tenants living in unsatisfactory homes are discouraged from moving out because of the cost of agent fees. It also suggests the scam is worth around £115m a year.*Read more
A version of this article appeared on Inside Housing.
Last Tuesday, the Resolution Foundation dominated the headlines and airwaves with its report into levels of home ownership. Using figures from the Labour Force Survey, their big finding was that Greater Manchester saw the biggest fall in owner occupation from its peak at the turn of the century. It was a pattern seen across the north.
It’s no shock that the housing crisis is gripping the whole country. Our analysis of the 2011 census in 2014 found that ownership levels were already dropping in major urban areas. These figures are a bit more up to date.
While London and the South East have the most insane house prices, buying a home anywhere has become more difficult. This is because wages haven’t risen by much, and more people are in insecure employment, so it’s harder to save and to qualify for a mortgage. House prices became uncoupled from wages before the credit crunch, and didn’t revert to affordable levels after it.Read more
For the rest of the summer, London politics is formally in recess. Yet, the city keeps on moving and the Mayor has been publicly engaged with the housing elements of a number of high-profile developments.Read more
As part of our work, we want to make sure that we're doing the best we can for renters, and a big part of that is understanding your experiences and hopes for the future.
The housing crisis is such a complex beast that there are a range of views about how to fix it - and we'd like to know what yours are too.
That's why we are running a survey until mid-August.