North West

RLA Chairman at CIH conference 2015 – the future of market rent panel

RLA
Written by RLA

RLA Chairman Alan Ward spoke last week – on Thursday 25th June 2015 – at the Chartered Institute for Housing (CIH) Conference to discuss ‘the future of market rent’. Alan sat on an expert panel that was chaired by Nick Duxbury, features editor of InsideHousing and had Betsy Dillner, director of Generation Rent; Claire Higgins, Chief Executive of Cross Keys Homes in Peterborough; and Derek Gorman, managing director (Market Rented Assets) at Grainger PLC all contribute…

RLA Chairman Alan Ward spoke last week – on Thursday 25th June 2015 – at the Chartered Institute for Housing (CIH) Conference to discuss ‘the future of market rent’. Alan sat on an expert panel that was chaired by Nick Duxbury, features editor of InsideHousing and had Betsy Dillner, director of Generation Rent; Claire Higgins, Chief Executive of Cross Keys Homes in Peterborough; and Derek Gorman, managing director (Market Rented Assets) at Grainger PLC all contribute.

It was interesting discussion where Alan defended the Private Rented Sector (PRS) and put forward realistic policies to continue to improve the sector.

Derek Gorman of Grainger PLC said at the time: “We haven’t provided enough accommodation in London for 30 years”

Alan was keen to stress the importance of not basing the national housing policy on the current situation in London as this reflects a different reality from the rest of the country.

Betsy Dillner argued that many renters are struggling to afford their rent with tenants spending 40% of their monthly salary on rent. Betsy argued that we need to find a way of stabilising rent.

Alan and Derek were in agreement that any form of rent control was likely to scare of potential investors. Private landlords have supplied 3 million of the 5.2 million private rented properties – equating to 60% – through private capital. This has funded new-build, and renovated old, redundant, large houses and created new dwellings…threatening this supply is a risky thought.

What is really needed in the PRS is better enforcement, and not more legislation. Tenants should be armed with the knowledge of their rights, and report criminals posing as landlords to their Local Councils. Councils should be incentivised to discover landlords contravening legislation by being able to recover enforcement costs through fees for intervention.

 

About the author

RLA

RLA

The Residential Landlords Association (RLA) represents the interests of landlords in the private rented sector (PRS) across England and Wales. With over 23,000 subscribing members, and an additional 16,000 registered guests who engage regularly with the association, we are the leading voice of private landlords. Combined, they manage almost half a million properties.

1 Comment

  • i am a landlady of a property on the Thames at Woolwich. I have had no payment at all from tenants since Sept/2014 and am still awaiting a court eviction date. Even then I have to spend out more money for a bailiff as the law prevents me from executing the eviction. One of the tenants is apparently awaiting British citizenship although she has been here since Dec/2011 illegally. I gave them all the advice and opportunity to get rehoused but they lied about everything. It seems the tenants have more rights than the landlord. How can this be right??? By the time they eventually get evicted my costs will probably be escalating to £15,000. They will get all the help & I will get nothing !! What happened to illegal immigrants getting deported. She only applied when I asked them do they have rights as a British citizen as they had not been to the council? I had offered them time to be rehoused as a concerned human being for duty of care for their child but Once again under the law they have more rights than me. Maybe if we sent these immigrants back we would not find the country in such bad housing and we would not necessitate building on our beautiful green belts.

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