Over on Landlord Law Blog, Tessa Shepperson has offered three warnings to politicians who are trying to tackle housing policy on their election campaigns.
In a nutshell, she notes the importance of housing to people’s health, wellbeing and life chances, highlights the lack of real information about the private rented sector and the actors within it, and the need to ensure it is not a bad investment.
The blog is really raising concerns about Labour’s proposals for the private rented sector: essentially rent stabilisation and longer term tenancies. These are both policies that Generation Rent is calling for – though we think Labour should go further. Tessa makes valid points about them and they merit a response.Read more
You may have seen this letter going viral on Twitter:
It was announced this week that the Government was protecting tenants by improving fire safety regulations in the private rented sector. However, at the same time they are making it more difficult for councils to introduce borough-wide landlord licensing that help to protect tenants from rogue landlordsRead more
Labour has carefully crafted an identity this election as the party of housing. But if you look at the details, what they’re proposing is terrifying for the average person.
By Lindsey Garrett of the New Era EstateRead more
It was hard yesterday not to have some sympathy with Green Party leader Natalie Bennett after that painful interview. But coming unstuck on the numbers or not, it highlighted the point that they are the only party with a shot of winning seats (in England at least) that actually has a target for building significant numbers of social homes and which has identified private sector landlords as the ideal source for funding this.Read more
Do you rent from a private landlord in Hackney? If so, this blog post is for you! Hackney Council are currently conducting a consultation into the private rented sector in Hackney, reviewing their offer of services for tenants and landlords. As part of this, the council is considering whether a discretionary licensing scheme might be introduced.Read more
Inspired by Savills' findings on landlord capital gains last month, we decided to look at just what sort of money landlords in the UK are making – and how much we the taxpayer are helping them.
As reported in the Guardian this morning, UK landlords make £77.7bn each year in rent and capital gains. This is more than Morocco’s GDP of £68.6bn (for a country of 33m people), making the industry the 61st largest economy in the world (UN 2013).
They are also subsidised to the tune of £26.7bn in tax breaks and housing benefit. That is higher than the £25bn of cuts that George Osborne claims are needed after the election. It is also more than our spending on the overseas aid budget of £10.3bn, job seekers allowance of £4.34bn, the Department for Culture, Media and Sport’s entire budget of £6.14bn, and the £1.13bn Affordable Homes Programme put together.
The cost of landlord subsidies to Britons is £1011 per household. That is the cost of a week’s holiday for four in Majorca, a 55” HD TV, or a Boardman Road Team Carbon bike.
Yesterday the Department for Energy and Climate Change finally laid down regulations arising from the 2013 Energy Act which seek to drive up energy efficiency in the private rented sector and bring down fuel poverty as a result.Read more
A new national database, naming private landlords who have been convicted of safety breaches has been created by our friends over at Environmental Health News, the magazine of the Chartered Institute for Environmental Health’s magazine. This follows a ruling by the information commissioner that the Ministry of Justice must release its list of property firm convicted under the Housing Act 2004 – initially the MOJ refused.Read more