To protect and promote the private residential landlord NLA News and Update NLA News and Update What you didn’t know you need to know! Marion Money Representative for Kent
To protect and promote the private residential landlord Rental market positive? National figures: 2008 Average Loss 8.8% 2009 Average Return 7.6% for Landlords Decrease In rent arrears Capital Growth PRS important for Housing: Student accommodation Dip in rent temporary? The Future is Bright
To protect and promote the private residential landlord Update since September 2009 Top Issues Rugg Review Houses in Multiple Occupation Local Housing Allowance Other NLA Policy Issues Questions
To protect and promote the private residential landlord The Rugg Review Key Themes: National Register of Landlords AST threshold increased to £100,000 Written tenancies Full regulation of letting and managing agents NLA were invited to sit on three of the four Department of Communities and Local Government (CLG) Working Groups since the consultation We have been asked to sit on the Taskforce which will take the current plans through to final proposals before being laid before Parliament
To protect and promote the private residential landlord Local Housing Allowance (LHA) Significant progress has been made. The Department for Work and Pensions Select Committee has conducted an inquiry into LHA NLA has met with the Minister to push for full review on the effectiveness of LHA Government has published a consultation on the future reform of Housing Benefit Conservative Party pledge Conservative’s will allow tenants the choice to have LHA paid directly to their landlords
To protect and promote the private residential landlord LHA Campaign NLA calling on government to: Initiate automatic payments to landlords after 1 months arrears Ensure housing benefit teams effectively engage landlords Produce clear guidance for local authorities use of vulnerability criteria Allow tenants to choose for direct payments to landlords September 2009 – February 2010
To protect and promote the private residential landlord Houses in Multiple Occupation (HMOs) Hot topic due to Secretary of State With a focus on studentification 8000 wards In England, only 59 have Student Households which comprise 10% or more of the local population. Government changes to HMO Planning Rules All HMOs to require planning permission After a “material change” HMO License renewal 5 year licenses will start to come up for renewal in the next few months and we are concerned as to the level of renewal fees
To protect and promote the private residential landlord Water Billing Could hit landlords hard Water Companies can’t cut off supply like electricity or gas companies Water companies trying to plug £0.5billion debt Suggested that landlords should have to pick up their tenants unpaid water bills NLA in discussions with Government and Water Companies Ensuring landlords do not get left with the bill Get your paperwork in order now
To protect and promote the private residential landlord Other NLA Policy Issues Financial Issues: Financial Inclusion Letting Agent Renewal Fees Mortgage Rescue Taxation Regional Issues: Local/regional issues Additional and Selective Licensing Local Authority loan and grant schemes European Union Property Management Issues: Accreditation Crime in the PRS Decent Homes and HHSRS Disability and Equality Empty Homes Energy Efficiency Fire and Gas Safety Homelessness Utilities & Water Waste Collection
To protect and promote the private residential landlord Representing You! Keep up to date at Twitter & FaceBook NLA Focus UK Landlord
To protect and promote the private residential landlord Do Not Forget EPC’s Tenancy Deposit Protection Fire Risk assessment and Log Book now on line for members. From April 2009 Gas Safety Register not Corgi, Social tariffs from energy suppliers LESA Finishes 2014 LHA Direct Report your rents to The Rent Service Inventories
To protect and promote the private residential landlord Member Services New recognised suppliers announced: E-ON British Gas Sky Alliance and Leicester Include reduced rates NLA members Details at
To protect and promote the private residential landlord News In Kent Networking Events NLA Membership Joining Fee Waived TODAY
To protect and promote the private residential landlord For advice and support NLA Website: NLA Focus: Sign up for weekly updates. See me! NLA Landlord Library: NLA Membership Team: NLA Advice Line (members only) Joining Fee Waived using membership forms here