Energy Efficiency Drivers
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Transcript Energy Efficiency Drivers
National Landlords Association
Integrated Approach to working
with the
Private Rented Sector
Marion Money & Gavin Dick
www.landlords.org.uk
Overview
• Legislative Impacts on a Landlords Business
• From many varied sources
• Real impact on business plan for investment potential
• Engaging with The Best
• Standards
• Enforcing Against The Rest
• Regulation
• Opportunities for Private Landlords
• The increasing importance of the PRS
A nation of renters
• Positive Investment opportunities
www.landlords.org.uk
Legislative Impacts
• UK Government Departments
Ministry of Justice
HM Treasury
Department for Energy and Climate Change (DECC)
Department for Work and Pensions (DWP)
Department for Communities and Local Government (DCLG)
• HA 2004
www.landlords.org.uk
Shelter Sensational Headlines
• “Complaints about Private Landlords rocketing”
• “Devastating Impact these landlords have on
peoples health and well being”
• Shelter Freedom of Information requests to all 326 LA’s
2011/12 : 85,000 complaints out of c 1.25 million Landlords
But only 487 successful prosecutions
(4 in KENT , 1 in Thanet June 2011)
www.landlords.org.uk
Localism Agenda
• Localism agenda
Decisions should be taken at the most local level
Members Involvement
Discretionary Licensing
• Formerly schemes had to be approved by CLG
Planners and Housing Conflict
• Article 4 Directions/Need for Single rooms
• Space/Amenity Standards
• Prosecution HMO LL £1.4 Million
www.landlords.org.uk
Discharge into PRS
• Discharge of local authority homeless
duty into private rented sector
PRS View
• A positive step
• PRS is not a short term stop gap
• Recognition that PRS part of the Housing Solution
rather than part of the problem
• Concerns on disparity of criteria amongst LAs
• Standards should not be greater than those imposed
on RSP’s
• Gatekeeping
www.landlords.org.uk
Discharge into PRS
• Discharge of local authority homeless duty
into private rented sector
LA View
• Suitability of Accommodation
• Suitability of Landlord
• Matching tenants with households
• Open to Challenge
• 12 month tenancy
www.landlords.org.uk
Partnership Working
• Partnership Working
Build on, not alienate, existing Relationships
Improve on ‘less established ones’
Landlords and Local Authorities working together to sustain
tenancies
Long term tenancies offer positive Return On Investment for
landlords
Recognition of Impact on NHS costs and Children’s Education
www.landlords.org.uk
Partnership Working
Engaging with The Best
Private Sector Leasing Schemes
Guaranteed Rent for the duration
Well managed , in-house maintenance, insurance agreed at outset
No risk, as long as contract clear at outset
Restrictive if ‘encumbered’
Social Lettings Agency
• As above but risk of voids balanced by higher rents?
• Potential for Local SLAs to work together to procure adjacent properties
• Consider potential to ‘share’ across LA’s properties adapted for the disabled
Open Market Lettings
• Robust Support
• Accreditation : Landlords and Tenants
• Landlord Liaison Officers
www.landlords.org.uk
Partnership Working
• Enforcing Against The Worst
Rogue (Criminal) landlords
• ‘Ignorant’ (Accreditation)
‘Criminal’ (Enforcement)
– HHSRS Process ;HSE; Rent Repayment Orders:
Proceeds of Crime, Environmental Protection Act 1990
Discretionary Licensing
• A Tax on the Good landlords
• Fees are strictly for the cost in officer time + admin to
administer an individual licence.
• Restricts investment in areas subject to Licensing
• Lenders perceive increased risk
• Insurers perceive increased risk
www.landlords.org.uk
Opportunities For Private Landlords
• A Nation of Renters
‘Tenure Of Choice’
• 2010/11 PRS 3.6 Million : Social 3.8 Million
• the PRS in now larger and growing
Letting demand outstripped new supply for 11 successive quarters (RICS)
By 2030 Predicted 40% households will be renting
By 2016 ‘Rent Roll’ increase from £48 billion to £70 billion
2013 Budget – Build to rent has been expanded from £200m to £1B
Generation Rent
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Flexibility
Under 40’s unable to fund purchase
Pensioners ‘SKI’ club now to fund long term care and maintain life style
50% Pensioners receive HB
English Housing Survey 2012: >>>>>
www.landlords.org.uk
English Housing Survey Households Report July 2012
•
Length of Tenure
< 1 year PRS 35%: Social 8.4%
2 – 3 years PRS 13.1.% : Social 8.2%
3 -4 years PRS 14.00% : Social 12.5%
•
Reasons for Moving
Family or personal reasons : 26% PRS : Social 27%
Unsuitable or Issues with their Landlord : 12% PRS : 16%
Social
Job Related 15% PRS : Owner Occupiers 7%
Asked to leave by their landlord 9% of which 40% were for
rent arrears
Tenants Satisfaction Index
PRS /Social 72% : LAs 66%
www.landlords.org.uk
The Private Landlord has a Choice
• Kent moved closer to London
• Impact of London Economic pull
• HS1 impact on surrounding area
• Professional tenants increasing
• Market Rents rising
• Housing Benefit decreasing in real terms
• Universal Credit Impact
• Time constraints involved with LA schemes
• Migration HB Tenants from London Authorities
• With ‘Goodie packages’
www.landlords.org.uk
Questions
National Landlords Association
22 – 26 Albert Embankment
London
SE1 7TJ
Tel: 0207 840 8900
Email: [email protected]
Web: www.landlords.org.uk
www.landlords.org.uk