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The London Rental Standard Greater London Authority South West London Housing Partnership Conference July 2014.

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Presentation on theme: "The London Rental Standard Greater London Authority South West London Housing Partnership Conference July 2014."— Presentation transcript:

1 The London Rental Standard Greater London Authority South West London Housing Partnership Conference July 2014

2 Introduction London’s private rented sector The Mayor’s objectives The London Rental Standard

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4 Growth in private renting - projection

5 Prices up, rents up, earnings down

6 Families in the PRS

7 The Mayor’s objectives for the PRS Increase supply Promote longer tenancies Improve standards through accreditation (100k) Tackle rogue landlords and beds in sheds Oppose new regulation and rent controls

8 Background Consultation on Mayor’s plans Dec 2012 Responses from 80 organisations and 5,000 tenants LRS published Jul 2013 Full launch Spring 2014 www.london.gov.uk/housingcovenant

9 London Rental Standard Robust and realistic minimum standards Affordable and attainable All industry schemes under one roof ‘Single badge’ of accreditation

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11 London Rental Standard launch 28 th May

12 London Rental Standard Marketing campaign

13 How does it work? LRS steering group - Processes and policy 7 Approved LRS providers -NLA, LLAS, RLA – ARLA, NALS, UKALA, RICS LRS licensing officer - based at LB Camden Marketing campaign - tube posters, press and digital marketing in 2 phases Commercial sponsors - Endsleigh Insurance and mydeposits offering financial incentives to Landlords

14 The future?

15 To find out more visit www.london.gov.uk/landlords Rhona Brown Senior Housing Policy Officer Greater London Authority rhona.brown@london.gov.uk


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