1 / 14

NLA News and Update What you didn’t know you need to know!

NLA News and Update What you didn’t know you need to know!. Marion Money Representative for Kent. Rental market positive?. National figures: 2008 Average Loss 8.8% 2009 Average Return 7.6% for Landlords Decrease In rent arrears Capital Growth

bree
Download Presentation

NLA News and Update What you didn’t know you need to know!

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. NLA News and UpdateWhat you didn’t know you need to know! • Marion Money • Representative for Kent

  2. 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

  3. Update since September 2009 Top Issues Rugg Review Houses in Multiple Occupation Local Housing Allowance Other NLA Policy Issues Questions

  4. 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

  5. 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

  6. LHA Campaign September 2009 – February 2010 • 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---------

  7. 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 1.4.10 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

  8. 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

  9. 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

  10. Representing You! • Keep up to date at www.landlords.org.uk • Twitter & FaceBook • NLA Focus • UK Landlord

  11. , • 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

  12. Member Services New recognised suppliers announced: E-ON British Gas Sky Alliance and Leicester Include reduced rates NLA members Details at www.landlords.org.uk

  13. News In Kent • Networking Events • NLA Membership Joining Fee Waived TODAY

  14. For advice and support • NLA Website: www.landlords.org.uk • NLA Focus: Sign up for weekly updates. See me! • NLA Landlord Library: www.nlalandlordlibrary.org.uk • NLA Membership Team: 020 7840 8937 • NLA Advice Line (members only) • Joining Fee Waived using membership forms here

More Related