Author: Dr Tom Simcock

RLA PEARL: A Year in Review

It has been a year since we launched RLA PEARL and in this short time, we have achieved a lot, and at a time when the political focus on the private rented sector is intensifying. In this blog post, we review our activities, successes and impacts over this past year.

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Supporting private landlords not pushing them out is key for a modern sector of the future

Our findings are showing that landlord sentiment to the sector and investments is deteriorating. We estimate on top of the 46,000 privately rented homes that have already been lost (MHCLG, 2018), there will be a further net loss of 133,000 homes to rent. We need to move to a broader but fair reform of private renting; with improved access to justice for landlords and tenants, expanded options for security of tenure, and reformed taxation policy that supports not penalise private landlords.

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Examining Energy Efficiency & Electrical Safety in the Private Rented Sector

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.

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PEARL Rental Index – June 2018

London rental price growth has continued to decline, with prices decreasing by 0.2% in the 12 months to May 2018. Overall rental growth is 1.4 points below inflation, and data from across the sector is showing a slow-down in housing transactions and lending in the private rented sector.

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