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Today in politics: Green Homes Grants and Tenant Saver Loans call
Our politics update today takes a look at the launch of the Government's Green Homes Grant scheme, and the answer to one Labour MPs parliamentary question on tenancy saver loans.
State of the PRS- 2017, Quarter 3
The past two decades have seen the rapid development and growth of the private rented sector in the UK. Between 2001/02 and 2011/12 the sector has doubled in size and now accounts for 20% of households in England (MCHLG, 2018). The Government are implementing major changes to the taxation of the private rented sector, including changes to mortgage interest relief. This report builds upon previous research into the experiences of landlords and their attitudes toward the future.
State of the PRS -2018, Quarter 1
Private landlords are now playing a vital role in providing housing to those on low-incomes and the homeless. Recently, there have been many policy changes that affect the most vulnerable in society and their ability to access a safe and secure home in the PRS.
State of the PRS- 2017, Quarter 4
The energy efficiency standards of the private rented sector have come under greater scrutiny over the past three years, with new regulations coming into force in April 2018. This means that no property can be let for a new tenancy if it is below an E EPC rating. This report builds upon our previous quarterly reports on the private rented sector and provides the opportunity for a deeper understanding of the issues facing private landlords, tenants and the wider sector.
State of the PRS - 2017, Quarter 1
The research presented in this report is part of a longitudinal project to examine trends across the sector in relation to policy changes. This report focuses on the impact of welfare policy changes from a large sample of 2,974 landlords. When extrapolated the survey findings indicate £589 million could be owed to landlords. Future changes to the sector could exacerbate this issue.
Call of the Week: Which tenancy agreement do I need?
A member gave our advice team a call recently with a query around the types of tenancy agreement that we offer. They were considering investing in HMOs and wanted to learn a little more about the types of tenancy agreements relating to this.
State of the PRS - 2016, Quarter 4
The research presented in this report is part of a longitudinal research project that is firstly taking stock of the sector across a number of issues, but also establishing base-line data in order to compare future trends. This survey explores safety and energy issues affecting the sector.
State of the PRS - 2016, Quarter 2
Over 2,800 landlords participated in this survey which focused on understanding proposed changes to the taxation of the PRS, including changes to Mortgage Interest Relief, Stamp Duty Land Tax, and Capital Gains Tax. The findings identify serious implications for the financial health of the sector, on continued investment by landlords and offer a grim outlook for tenants.
Energy efficiency consultation launches and green homes grants introduced
The Government has launched its consultation on the next phase of energy efficiency measures in the private rented sector. They propose introducing new minimum standards in England and Wales, with properties needing an EPC rating of C or higher from April 2025 for new tenancies.NRLA deputy director of policy and campaigns writes about the consultation and what landlords need to know about Green Homes Grants, also launched today.
Wales Tenant Saver Loan scheme - a key step towards a support package
In this short research note Nick Clay and Calum Davies review the Tenant Saver Loan Scheme recently launched by the Welsh Government. Using primary research, the NRLA endorse the scheme. Not only does it bring respite for landlords, it is a policy which supports those most in need. However this policy initiative, though welcome, is insufficient on its own.
