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Here's all the latest news from the movement for renters' rights and the housing sector.

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Generation Rent launches Renters' Manifesto today
Jun 17, 2014

Generation Rent has today challenged politicians to offer the electorate ambitious solutions to fix the housing crisis, as we launch our Renters’ Manifesto.

In the manifesto, which follows a public consultation, Generation Rent proposes:

  • Reform of the private rental market, which currently fails the millions of renters now stuck there, with the right to a five-year tenancy and professionalization of landlords and letting agents.
  • A new housing market that allows buyers to opt-out of rising house prices in return for a lower initial price.
  • A new department with a remit to fix the housing crisis and save the taxpayer billions.

Nine million people in England – or nearly 4 million households – rent from a private landlord. Generation Rent has found that this figure has increased by an average of 180,000 households per year over the past decade as home ownership has fallen out of reach for more people. While mortgages for first time buyers were up by 50,000 in 2013 to 268,800 this is unlikely to reverse the long term growth of renting, especially with new rules that make it more difficult to get a mortgage and competition for houses from pensioners who will be free to use savings to invest in buy-to-let.

There are enough private renters with no party allegiance to overturn the majority in 86 constituencies at next year’s General Election. This Manifesto offers political parties policies that will help them win over this newly important electorate.

Read the Manifesto and sign up to the campaign.



Are garden cities the answer to the housing crisis?
Jun 04, 2014

Next year’s General Election will be decided by generation rent. There are 86 seats with enough private renters without party allegiance to overturn the incumbent MP’s majority, so every party should be courting their vote. After Labour’s pitch on rent reforms, the Coalition parties have used the Queen’s Speech to respond with their own grand plan: garden cities, and legislation to reform planning laws to bring them about. 

Ebenezer Howard's original garden city design



The housing crisis is splitting the country in two
May 29, 2014

The number of houses being left empty has increased by 25% in the past decade - and so has the number of households with 6 or more people. That's according to the Office for National Statistics, which has published analysis of household composition data from the 2011 census. 

It's already well-documented that private renting has risen as fewer people are able to afford to buy a house, but these two statistics are a stark illustration of the growing inequality in British society as a result of the broken housing market. The 3 million-plus people crammed into the 543,000 households of 6 or more would be a bit annoyed to know that there are over 1 million homes around the country that are going spare. 



Boris' Rental Standard may not help a single tenant
May 27, 2014

Today (Wednesday 28th May) in Haringey, London Mayor Boris Johnson launches his refreshed London Rental Standard, an accreditation scheme for landlords. We're not impressed and doubt this scheme will help one single tenant.



Deposit schemes fail to close rip-off loophole
May 27, 2014

The three tenancy deposit protection schemes have rejected our calls to close a loophole that enables rogue landlords to abscond with their tenants’ money.

Seb and I met the three government-backed schemes – MyDeposits, the Deposit Protection Service and the Tenancy Deposit Scheme – earlier this month to propose changes to prevent tenants’ money becoming unprotected should their landlord or letting agent be expelled from a scheme.

 

 



7 mistakes to avoid when renting a new home
May 23, 2014

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.



Mark Carney and how the house price boom could scupper the economy
May 22, 2014

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.



No let-up for house price inflation
May 20, 2014

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.

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What should be in the Renter's Manifesto?
May 19, 2014

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.



Letting fees ban - how MPs voted
May 16, 2014

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
May 16, 2014

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


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