Labour mayoral candidate kicks off ‘rogue landlord’ campaign in NE

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One of Tees Valley’s mayoral candidates has vowed to fight the upcoming election by promising a clampdown on rogue landlords.

Labour’s Jessie Joe Jacobs wants to introduce selective licensing across more of the north-east authority to tackle rogue landlords and raise standards in problem areas.

While there are already schemes in parts of Middlesbrough, Jacobs wants to introduce them across a broader area of Tees Valley to stop problem landlords moving into areas which currently don’t have schemes.

“We have homes that are boarded up but people are still living in them,” she says. “They have issues with no heating – those landlords are not taking responsibility.”

Jacobs fears the financial and personal problems caused during the pandemic will create a new homelessness crisis when landlords are able to claim unpaid rents.

Dragging down

She says: “We’ve heard stories of rental properties left for months with no heating or hot water…that can’t be right. The impact is not only on the individuals either, it affects the wider community, dragging neighbourhoods down, creating no go areas, and making local residents feel unsafe.”

Local leadership working closely with housing providers, ethical investors and agencies can begin to resolve this problem, says Jacobs, who adds: “We need to take action now to prevent this growing into another crisis.

“When housing situations worsen, people are either left homeless or find themselves in the hands of dodgy landlords with substandard property.”

The election, originally due to take place in May 2020, was postponed until 6^th May 2021 due to the pandemic, and will see incumbent Conservative mayor Ben Houchen seeking re-election.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Labour mayoral candidate kicks off ‘rogue landlord’ campaign in NE | LandlordZONE.

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Signed Tenancy Agreement but Landlord change his mind?

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I am a Landlord and I would like some help. I have a signed tenancy agreement between all parties, where on the last page says: Signed by the Landlord, signed by Tenants and Document Executed by: (which is my letting agent).

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Do Ministers understand landlords are ‘backbone of the rental market’?

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This question has been asked as new research shows the number of landlords within the private rented sector has dropped by 8% or approximately 200,000 since 2019.

This reduction has been pinned on the additional stamp duty costs of entering the market and the reduction in mortgage interest relief, all of which have dampened demand for investment property.

And the number of landlords may reduce further, says property firm Barrows and Forrester, as a further 21% say they are considering quitting the market.

“Minister don’t seem to understand that the buy-to-let sector is the backbone of the rental market and fewer landlords means fewer properties and even less affordable rents,” says MD James Forrester.

Exodus

His research also highlights how a mass-market exodus could be on the cards ahead of a potential increase in capital gains tax.

But for landlords who have stuck around, returns have been improving; the average value of a property portfolio has increased by £38,820 to £491,234 since 2019.

The largest uplift has been in the SW of England where average portfolio values has risen by £49,000, approximately £10,000 more than anywhere else.

Barrow and Foster says these increases have been driven largely by the stamp duty holiday, which has seen a surge in demand for properties in both the general and buy-to-let sectors, leading to competition and higher offers.

“However, true to form, it seems as though the government will do their best to spoil the party with an increase in capital gains tax via next month’s budget,” says Forrester (pictured).

“This is quite astounding given the string of changes already implemented to stamp duty tax thresholds and tax relief and the impact it has had on landlord numbers.”

Read more about capital gains tax.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Do Ministers understand landlords are ‘backbone of the rental market’? | LandlordZONE.

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The Latest on Rent Arrears, Courts and Evictions

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On Tuesday 23 February 2021 at 11:00am, Landlord Action, alongside PRS Mediation, will host a one-hour webinar providing property professionals with the very latest information and guidance on rent arrears, courts and evictions.

The private rented sector is in crisis when it comes to rent arrears

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Many students are paying for accommodation they are unable to use

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Missing face to face lectures, missing the usual uni social contact with other students and having to self-isolate on top of accommodation issues – all are having a devastating impact for many.

Despite the optimism of the rapid UK vaccine roll-out, it looks like coronavirus is here to stay for a while yet, so renting and student finance and issues continue.

A recent National Student Accommodation (NUS) student survey results are claiming that around £1 billion is being spent on unused student accommodation during this current 2020/21 academic year.

NUS say they have conducted a UK-wide survey polling 1,355 university students carried out between 20 January and 8 February. Taking the average amount spent on rooms which they say students have not had full access to this academic year, estimated at £1,621, and extrapolating, the total amount they estimate this to be £933,270,890.

Many universities have provided refunds for on-campus accommodation as have many private landlords. The University of Warwick, for example, has offered a rent waiver for the first half term, and have since offered an extension to the waiver. However, the NUS survey results claim that only 6% of students in accommodation owned by private landlords have managed to get a refund.

Around one-third (32%) of students have been offered a discount on their accommodation, whereas two-thirds of the students surveyed in university-owned accommodation have asked for a refund. This compares to less than one in five students in private landlords’ accommodation.

According to the NUS, 39% of students live in private landlords’ accommodation, 34% are in university accommodation, 15% in private halls, and 10% living with their parents.

The survey reveals that this year the average rent for students is £146 per week (pw). This breaks down as an average for private landlords at £148pw, for university accommodation at £145pw, private halls at £144pw, and for students living at home the average they pay their parents is £30pw.

So in total, the average amount spent on rooms by students, who do not had full access to them, this year is estimated at £1,621.

Average weekly rents vary widely within the regions, from £71 in Northern Ireland to £152pw in London. The West Midlands has an average of £119pw.

The survey found that for the average student, 73% of their maintenance loan goes on rent, with in some cases, students finding that their loan does not cover all of their rent. Half of students report that they struggle to pay their rent with 10% saying that it was a “constant struggle”.

One student in private halls said:

“Fear of not being able to afford living costs e.g. food, travel, academic resources as Maintenance Loan doesn’t cover both rent and living costs and I receive none from family.”

The survey reveals that on average parents are contributing around £44pw to rent, totalling as much as £2,288 per year.

Just over half, (52%) of students find themselves in the same living situations as they had originally planned, whereas around one-third (35%) of the students surveyed were staying at home with family after the move back home for Christmas.

Students are often unaware of the full commitment signing a rental contract involves. It is a salutary lesson to many that they can be held to a rental agreement.

One in three students do not read their accommodation contract and, for one in ten students, no-one in their house had read their contracts before signing. One in three students expressed that they plan to ask for a break clause in their contract next year, which would allow them to end their tenancy early if required.

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Neighbours having issues with noisy tenant?

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Hello members, I have let a 3 bedroom mid-terrace house to family of 4. Currently, the neighbours are having issues with the tenant and are saying that the kids make too much noise day and night, and they are unable to sleep.

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Housing ministry ‘levels up’ with new Midlands HQ

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Landlords who dislike the way all decisions about the housing market are taken in London can take solace from Robert Jenrick’s decision to open a second housing ministry HQ in Wolverhampton.

The new location for the Ministry of Housing, Communities and Local Government (MHCLG) will include a regular ministerial presence and at least 500 civil servants based at the new offices by 2025, with a further 300 due to join them in 2030.

Some 300 civil servants already work in the region within smaller regional offices, although MHCLG says one big change is that at least 50% of its senior roles will be based at the new HQ.

The site of the new headquarters is rumoured to be the 50,000 sq ft i9 office development (see above) currently being built in the city’s central district.

The move is the first by a government ministry that will include a housing minister, which will be music to the ears of the ministry’s latest minister, Eddie Hughes, who is a Birmingham MP.

A MHCLG statement says the move is part of the government’s ‘levelling-up’ agenda to move money and power away from London and the South of England.

It is also hoped that the move will help provide an economic boost to the Midlands, bring a greater variety of voices and experiences into the civil service and provide ‘improved career paths outside of Whitehall’.

As Communities Secretary, I am determined to spread opportunity and prosperity to every part of our nation,” says Jenrick (pictured).

“With a dual headquarters in Wolverhampton my department will not only change where we work but how we work, signalling the end of the Whitehall knows best approach.

“In choosing the city of Wolverhampton we are also backing our great smaller cities, some of which have been neglected for too long. We want to raise their stature, encourage civic pride and commercial success.”

Jenrick has pipped the HM Treasury to the post with this announcement – last year HM Treasury said it would also open a northern ‘campus’ but to date no location has been revealed, with Darlington and Teeside in the running.

Read more about levelling up.

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Party Wall agreement never sought?

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My neighbour had started work without having getting a Party Wall agreement and incorporated my garden wall in their extension at the rear of the house. I have engaged a boundary surveyor who confirmed that they have trespassed on my land.

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Second MHCLG HQ to be in Wolverhampton

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Communities Secretary, Robert Jenrick, confirmed on Saturday that the government will create a second headquarters in Wolverhampton with at least 500 Ministry of Housing, Communities and Local Government (MHCLG) Group roles set to be based across the West Midlands by 2025 with further increases planned by 2030.

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