GENERATION RENT campaigns for professionally managed, secure, decent and affordable private rented homes in sustainable communities.

Join us today and help campaign for a better deal for private renters.

How we help

  • hwh-1.pngCall for changes in legislation, strategies, policies and practices to make private housing a better place to live

  • hwh-2.pngStrengthen the voice of private tenants by developing a national network of private renters and local private renters’ groups
  • hwh-3.pngProvide opportunities for private renters to campaign on issues that affect them and their local areas
  • hwh-4.pngWork with affiliates towards achieving the aims of Generation Rent
  • commented 2015-10-07 14:48:46 +0100
    James M, I have a problem with you calling me a liar. I am not an Estate Agent or a Landlord, and the story of 17 BTL viewers and 1 FTB is true. James R, I have an issue with obscenities. If you don’t like what I say, use reasoned argument, not hysteria and name calling. I hope the financial issues you both say you face cause you to regret your greed, and that your innocent tenants, who you have been threatening all through showing your true colours, come out of this with caring landlords and better properties. Good day, gents. Enjoy your ill gotten gains. Not.
  • commented 2015-10-07 14:43:18 +0100
    It is not surprising but disappointing that this forum is degenerating into a slanging match between Foxhunter and the two James. Foxhunter your arguments make no financial sense and no matter how you look at it will do nothing to help tenants situations. The housing crisis is a simple matter of supply & demand, and the PRS is subject to the same market forces. If there were more houses and flats available then rents would go down as would property prices. However unlike property prices rents are often ‘capped’ by affordability and salaries with 30 times the monthly rent being the annual salary required.

    In previous posts you mention corporate landlords and believe these would be better than private landlords, my experience of these do no reflect that thinking, corporates will increase rents annually as do Housing Associations and Councils, they will do the minimum to maintain the properties and often take much longer to carry out repairs which are done for the cheapest price possible and not very well. The majority of Private Landlords are responsible individuals who look after their properties and tenants and often do not increase rents annually or in line with current market rents as they wish to retain good tenants for as long as possible. For a large proportion of tenants renting is a lifestyle choice and in London in particular is due to the fluidity of the employment market.

    Finally if you have a private pension or even a company pension then you are more than likely a ‘Buy to let’ landlord as the big pension providers have large portfolios of residential let properties as part of their pension investments.
  • commented 2015-10-07 14:27:19 +0100
    Well I certainly don’t think we want you laughing Foxwatcher, I suspect that would be a fate worse than death. I would love you to see the simple example I’ve supplied Dan but it won’t come out on a simple forum like this, so go on ask Generation Rent to publish it on the site. Like I said they won’t do it but perhaps he’ll send it to you personally. Ask him. If not then the offer is still open to meet up and I’ll show you myself. You will see that the numbers are fairly ordinary in terms of house prices, rent, yield and so forth. What will not fit in with your distorted view is that the return is only 2.4%. With the tax change it reduces to zero and with a 1% interest rate rise the landlord will be subsidising the rent to the tune of £1.2k per year. So you’ll see that landlords do not make much money, unless they have huge portfolios of course, then they may. But the average landlord is not, and some even make a loss, which they’re about to get taxed on too. I read somewhere recently that 95% of landlords have 4 properties or less. So you see that is why rents are about to go through the roof. In the example I sent Dan the landlord has to increase rents by 20% just to break even so hundreds of thousands of tenants are going to be evicted and you seem to be rubbing your hands with glee. Is this the ‘main issue’ you say we’re skirting because if it isn’t you’d better explain yourself because we’re not avoiding any topic. Or is it what you say about preventing FTB’s from buying because we’ve covered that too? And you clearly are not the ‘18th’ prospective buyer on this fantasy example you quote. To be honest though, if landlords were keeping so many FTB’s out of the market like you claim, wouldn’t there have been queues of FTB’s along the road to see the place??? Of course there would. More like 17 FTB’s and one investor! Talk about coming clean!! Pot, kettle, black
  • commented 2015-10-07 14:21:55 +0100
    Cockswatcher. At last, you acknowledge something fair and reasonable – that there might just be fair minded landlords out there and that we might be two of them. Yes. If you joined me for just one day I am sure I could change your mind about my motives, my personality, my ‘greed’ and how much I care for my tenants. Would you believe me if I said I know one person who works for Shelter who is also a serial private landlord, and several in my local (Labour) council housing team who are? I also have a tenant who was a poster girl for Shelter, and she has lived in two of my houses and loves (she says) being my tenant. I do want to defend the point you raise though. If I KNEW in advance an FTB was seriously going for a property I wouldn’t – and haven’t – bid on it. I AM outbid by them as I often find out after its sold that an FTB has got the house I was interested in, but it is rare an FTB wants my houses – they are at least 3 beds and usually in poor condition when I buy them. I promise you Foxwatcher – promise – that I have tried to encourage FTBs I know many times to bid on these houses but they do not want them. I have encouraged my wealthier tenants to buy their homes from me, not so I can make a profit but because I truly believe in home ownership wherever possible and WANTENJOY – seeing them succeed and get their lives together, but they consistently turn me down as they don’t want the physical tie, or the responsibility. In one case my tenant refuses to buy because he is setting up a business of his own and is more interested in using his capital for that. These are the people my private services (fnarr fnarr) provide for. Finally – for what its worth to you – a mate of mine is trying to buy his first house at age 40 and has a decent deposit but cannot get a mortgage as his earnings don’t cover it. I am personally underwriting his mortgage as this is the only way to get him on the housing ladder. I know of no one else who would do this, even amongst his own family. I even briefly considered buying a house in his area (120 miles from me) so I could set him a low rent and a secure fixed-term tenancy, just to give him his own secure place after his wife died, but on reflection I told him his wealth was better preserved in buying his own. (Many months later, he is still looking, btw. Not because landlords have beaten him to the houses, but because he doesn’t want anything he has to do work on, a story I hear from many FTBs). So carry on with your prejudices and simplistic view of the world, but there are excellent landlords out there, just as there are tenants who want housing without having to buy it.
  • commented 2015-10-07 13:47:12 +0100
    I’d laugh if the matter was less important. You want to explain numbers, go ahead in full view of all. They’ll be as fictional as your ever feeble justifications which may pass muster in Jamesworld with its two inhabitants, but doesn’t cut it with rational, reasonable people who don’t shaft others to get what they couldn’t otherwise aspire to. I note that you continue to skirt round the main issue I’m making. Pathetic and selfish. As I’d expect. And as for whether or not I was the 18th viewer – that’s my business which I’m not talking about on this site. But I do promise you the information and facts are true. If that indicates to you that you’re buying in the wrong part of the country, I’m very pleased!
  • commented 2015-10-07 13:19:07 +0100
    I think I’ve already answered that point my old son in that I buy larger properties. Do you know anyone as a FTB that would buy one and if you do then shame on them! They should be allowing families with kids to take the house, as indeed are my tenants that are in them, plus the HMO’s where I house several people in luxury they couldn’t otherwise afford. I note that you haven’t taken up my offer of explaining the numbers to you – interesting then Foxwatcher. Must be worried about being proved wrong. And indeed you would be. Not us looking poor from our responses old boy, it is yourself I’m afraid. You’ve made wildly inaccurate assumptions about our lifestyles and then state that they are apparently the lifestyles we’re chasing. You make assumptions about the properties we buy when you know nothing about them and you state that we’re cheating FTB’s out of them when we’re not. You also suggest but don’t state you were the 18th buyer on the example you dreamed up. So quite clearly you weren’t the 18th prospective buyer or you would have said outright in the first instance. It’s a fantasy example from your own little world (don’t worry they’re probably all friendly people there and run a big brother state). I asked why you have such an issue with landlords supplying a basic human need but not with Sainsbury’s or Tesco’s? You choose not to come out with anything of substance but just continue with your inaccurate rave about silent movie landlords. I’m surprised we haven’t seen you accuse us of tying young women to railway tracks! I can hear the dramatic music on the piano now. Never fear buttmuncher the Keystone Cops will come to the rescue soon!

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Making deposits work for tenants

One reason the housing market is so stacked against renters is the high cost of taking our business elsewhere, so one of the ways we can make renters more powerful is to make moving house easier.

As our research site lettingfees.co.uk discovered, a typical household could save £404 when they move once the letting fees ban comes in. But a bigger cost - in the short term at least - is the damage deposit worth up to six weeks' rent.

We estimate that 86% of renters get most or all of their deposit back, but only after they've already moved into a new home, so achieving that involves raiding their savings, or borrowing money. 

That's why today we're calling on the government to start allowing renters to transfer part of their deposit to a new home once they've paid the final month's rent.  

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Planned shake-up of rental market complaints system

Last October, Sajid Javid, the Secretary of State for Communities (and now Housing) said that he wanted to start requiring landlords to join a redress scheme if they did not already use a letting agent. 

The government is now consulting on plans for this. The good news is it is considering doing away with the three different schemes tenants have to navigate when they have a complaint at the moment.

Read more

Rented London: How local authorities can support private renters

Local council elections are taking place in London in a few months. And just like the 2016 Mayoral race, these contests will be dominated by the city's housing crisis. From Haringey to Kensington and Chelsea, Londoners are looking for secure and affordable homes, and asking their councils to respond.

Read more

First-time buyers taking out longer loans to escape the rental sector

The latest English Housing Survey report is out today with the highlights of their findings for 2016-17. 

The private rented sector has continued to grow. The population now stands at 4.7m households, with 27% of families renting from a private landlord.

It is once again the largest tenure in London (if you separate outright and mortgaged ownership), and its doubling outside the capital in the past decade illustrates the national impact the housing crisis has had.

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Homes fit for humans one step closer

Third time was the charm for efforts to revive the right of renters to sue their landlord for safety failures.

Karen Buck's Homes (Fitness for Human Habitation) Bill was talked out in 2015, then a Labour amendment to the Housing Bill in 2016 was defeated. But today, after winning the support of more than 100 MPs who attended the Second Reading debate, the Bill passed unanimously and is a step closer to being law. 

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Fitness for Human Habitation: Another milestone in the long road to a decent private rented sector

In another sign of the growing importance of the renters' movement in the UK, government announced over the weekend that it would be supporting measured outlined in Karen Buck MP's upcoming private member's bill, which would allow private and social tenants to take legal action against their landlord where their home is not deemed 'fit for human habitation'.

Read more

The return of 'fitness for human habitation' - will MPs finally give us this protection?

In ten days time, parliament breaks for the Christmas recess.

When they return in January, they will have an opportunity to support a simple change in law that would provide better protections for renters.

The question is, given that they have missed this opportunity before - will parliament do the right thing this time?

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Getting the best from Newham's renewed landlord licensing scheme

This week those campaigning for a better private rented sector received an early Christmas present with the announcement that the Communities Secretary had approved the majority of Newham's proposal for a renewed borough-wide landlord licensing scheme.

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Autumn Budget - an anticlimax for renters

The big news in today's Budget was the abolition of stamp duty for most first-time buyers. 

From today if you buy your first home you'll pay nothing to the government on the first £300,000 (unless it costs more than £500,000 and you need to be super-rich before you're in that territory).

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Life in the rental market: what the future holds for older renters

Most debates around housing focus on young adults, the drastic fall in their rate of home ownership and ways to boost the number of first time buyers.

Far less attention, however, is given to the vast numbers of renters who are already too old to get a mortgage and face a lifetime of renting instead. As more of them reach retirement age, the state will start paying more of their rent, and faces enormous costs unless it makes some fundamental changes to the housing market. Because politicians only operate with 5-year horizons, few are fretting about the implications of lifetime renting.

But we are, and today we publish a report co-authored with David Adler of Oxford University: Life in the Rental Market.

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