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
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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
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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
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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
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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
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Partnership Working
 Engaging with The Best
 Private Sector Leasing Schemes
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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
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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: >>>>>
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English Housing Survey Households Report July 2012
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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%
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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%
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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’
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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