The Scottish Reforms in an International Context
|
|
- Marshall Bates
- 5 years ago
- Views:
Transcription
1 The Scottish Reforms in an International Context Christine Whitehead Professor Emeritus in Housing Economics London School of Economics Shelter Private Rented Conference Edinburgh 25 th October 2017
2 Growth and change in the PRS Evolution 100 years of decline before turnaround in mid-1990s driven by Deregulation, but especially Buy to Let mortgages at low rates based on security of rental stream. Drivers Supply: mainly units transferred from owner occupation or Right to Buy Demand: increase in natural market for PRS + difficulty accessing owner occupation Forecast: continued further growth
3 Some Numbers (000s) Housing Stock Owneroccupation PRS Social Housing Total Stock , , Change % change + 0.8% +122% - 14% 10% % of stock 2015 % of stock % 16% 23% 100% 31% 10% 54% 100%
4 The PRS Today: Tenants Highest proportions in central cities; Tenants more likely to be young, working, mobile/migrants; Increasing numbers of families and longer-term tenants; About 20% receive housing benefit a considerably lower proportion than in England.
5 The PRS Today: Landlords Most landlords are private individuals; Most are amateur landlords and hold only a small number of units - but by definition far more households now own 2 or more properties; Data on landlords and their financing are poor; An important objective of many investors is to contribute to their pension; Different types of landlord face different tax regimes important changes reducing incentives for Buy to Let individual landlords.
6 Income-related housing subsidies Stick in a couple of graphs
7 Rent Control: History and Aspiration History of rent control over long term very negative - led to under-occupation; poor repair and maintenance; transfer of units to other tenures; avoidance/evasion; exclusion of new households; But does it have to be like that? More sophisticated methods of stabilising rents and generating greater predictability; Many European countries have forms of rent stabilisation; But also different forms of security of tenure and different products on offer; And often different economic environments.
8 The evolution of rent regulation First generation Control of rent levels ( rent freezes ). Incentives for landlords to leave the sector and under-maintain remaining properties. Second generation Control of rent increases within and between tenancies. Still generates disinvestment when rises allowed are below market. Third generation Control of rent increases based on defined index within tenancies, but not for new tenancies. Most market-friendly.
9 Relationship between stabilised and market rents
10 International experience: Rent regulation Country Rent regulation on first renting on new tenant of rent rises on existing leases Switzerland Y Y Y Germany Sometimes Sometimes Y Netherlands Most Most Y Spain N Y Y Belgium N N Y Finland N N Y France N N Y Norway N N Y Sweden Rents based on rents for similar units owned by MHCs Australia N N N USA* N N N England N** N N
11 International experience: Leases Country Typical lease period Security beyond lease period Germany Indefinite High Sweden Indefinite High Switzerland Indefinite High Netherlands Indefinite High Spain 5 years Low Norway 3 years or indefinite Low France 3 years Medium Belgium 1-3 years Low Finland One year Medium USA 1 year Low Australia 6 months Low England 1 year Low
12 The German model Tenants get indefinite leases; Landlords can evict only for reasons set out in the law; notice period 3 9 months depending on how long tenancy has lasted; If the landlord sells, the lease binds the new owner; Initial rent can be freely set, but not more than 20-50% above average rents in the local area now further constrained in high demand areas; Rent can go up every 15 months usually by average in the area; But historically falling house prices and low inflation and product very different from the UK; Growing pressures in Berlin, Munich and other buoyant growing cities; And pressures for more control including rent freezes.
13 Where Does Scotland Lie? The new tenancy: indefinite tenure (no probationary period) with tenants right to leave at 28 days notice; Tenancy can be inherited by a partner, a family member or a carer; Security is subject to 18 reasons for eviction including mandatory eviction if landlord intends to sell on the market (enabling vacant possession price) Others reasons around refurbishment; change of use; family accommodation; and varying breaches of tenancy contract or law. Actual rent control is strongly market based. Agreed rent at the beginning of the tenancy. Thereafter the landlord can increase to market every year with possible reference to the rent officer to ensure rent no higher than current market rent So system more about security than rent control? Local authorities may apply to the Ministers to identify rent pressure zones where they can restrict rent increases by CPI+1+X where X is defined by the Minister. Also some capacity to increase rents in response to improvements. Other changes affecting agents; homes in multiple occupation; tax rates.
14 Issues from Landlords Perspective Multiple complications: agents fees; homes in multiple occupation; security of tenure; rents; But also changes in mortgage tax relief and land and buildings transactions tax on second homes and buy to let; Incentive to leave the PRS market depends on strength of the owner-occupied market and returns on alternative investments as well as changes in the PRS market; Institutional investors which the government wants to encourage, look for stable, inflation adjusted net rental returns and a stable regulatory regime; So, concerns around potential additional changes (as has been the case in parts of Germany); Complexity/uncertainty thus more important than actual changes which have the potential to help stabilise the market; Importantly most landlords are fairly new higher possibility of exit if they become concerned that controls will be strengthened.
15 What do we know? Regulation not always good for tenants/bad for landlords: Can address market failures for both tenants and landlords, while reducing risks for both Can give landlords more consistent rent rises, reducing financing costs, but tenants may pay for certainty Or can restrict returns to landlords leading to reductions in supply and making access more difficult for tenants Depends on the detail and the institutional and market environment Rent stabilisation is only one part of the story Stabilisation does not benefit either all landlords or all tenants Certainty about the regulatory framework is very important to both landlords and financiers A lot therefore depends on how the new regime works early on; International comparisons simply do not start from same point and major problems of perception.
The role of policy in influencing differences between countries in the size of the private rented housing sector Professor Michael Oxley 26/2/14
The role of policy in influencing differences between countries in the size of the private rented housing sector Professor Michael Oxley 26/2/14. 1 Introduction Comparative studies of rented housing
More informationThe private rented housing sector: The UK and ideas from other countries
The private rented housing sector: The UK and ideas from other countries Social Market Foundation Seminar Thursday 23 rd March 2017 Professor Michael Oxley Director, Cambridge Centre for Housing Planning
More informationHigh Level Summary of Statistics Housing and Regeneration
High Level Summary of Statistics Housing and Regeneration Housing market... 2 Tenure... 2 New housing supply... 3 House prices... 5 Quality... 7 Dampness, condensation and the Scottish Housing Quality
More informationStructure, Funding and Regulation of the Rental Market in Germany
Structure, Funding and Regulation of the Rental Market in Germany Prof. Dr. Felix Schindler Shelter Scotland Conference, Glasgow April 17, 2012 Contents Stylized Facts about the German Housing Market Structure
More informationBuy-to-let: A bright outlook?
Buy-to-let: A bright outlook? Ian Boden, Aldermore Mortgages April 2016 FOR INTERMEDIARY USE ONLY Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial
More informationThe Impact of the financial Crises on Housing Cooperatives in Europe
The Impact of the financial Crises on Housing Cooperatives in Europe Dr. Claus Jürgen Hachmann President of Coop Europe - Housing ICA Housing Seminar. 2009 1 Housing Cooperatives in Europe a solid Group
More informationIra G. Peppercorn and Claude Taffin Financial and Private Sector Development/Non Bank Financial Institutions World Bank May 31, 2012
Ira G. Peppercorn and Claude Taffin Financial and Private Sector Development/Non Bank Financial Institutions World Bank May 31, 2012 For those that do not have enough income or whose income is informal
More informationCountry Policy Framework Netherlands
Promoting Investment in Private Rented Housing Supply: International Policy Comparisons Project for Communities and Local Government by: Centre for Comparative Housing Research De Montfort University,
More informationUntil there s a home for everyone
Until there s a home for everyone The Private Residential Tenancy James Battye, Private Renting Project Manager Lynne Cunningham, Solicitor Thursday, 1 02 November 2017 Reform timeline Scottish Government
More informationInternational policy comparisons
Promoting investment in private rented housing supply International policy comparisons www.communities.gov.uk Promoting investment in private rented housing supply International policy comparisons Michael
More informationPRS and Opportunities for Social Landlords in Scotland. Dr John Boyle CIH 29 January 2015
PRS and Opportunities for Social Landlords in Scotland Dr John Boyle CIH 29 January 2015 OUR RESPONSE TO GOVT CONSULTATION Removing no-fault evictions Risk is disproportionate to investors Reactive rather
More informationTime for reform: How our neighbours with mature private renting markets guarantee stability for renters
: How our neighbours with mature private renting markets guarantee stability for renters October 2016 shelter.org.uk Contents 1. Introduction - a market in need of reform 3 What we can learn from other
More informationNETHERLANDS PRS REPORT
NETHERLANDS PRS REPORT SUMMER 218 THE NETHERLANDS HOUSING GAP IN A EUROPEAN PERSPECTIVE KEY POINTS Over the next ten years, the Randstad region is expected to have the highest ratio of new professional
More informationHousing Markets: Balancing Risks and Rewards
Housing Markets: Balancing Risks and Rewards October 14, 2015 Hites Ahir and Prakash Loungani International Monetary Fund Presentation to the International Housing Association VIEWS EXPRESSED ARE THOSE
More informationHM Treasury consultation: Investment in the UK private rented sector: CIH Consultation Response
HM Treasury Investment in the UK private rented sector: CIH consultation response This consultation response is one of a series published by CIH. Further consultation responses to key housing developments
More informationRental Strategy. Submission to the Department of Housing, Planning, Community and Local Government
Rental Strategy Submission to the Department of Housing, Planning, Community and Local Government November 2016 Four key themes have been identified to structure the Residential Rental Strategy Security
More informationNUS SCOTLAND WRITTEN SUBMISSION
NUS SCOTLAND WRITTEN SUBMISSION Introduction Given the continued increase in tenants living in the private rented sector, NUS Scotland is keen to see legislation introduced which results in empowered tenants,
More informationThe introduction of the LHA cap to the social rented sector: impact on young people in Scotland
The introduction of the LHA cap to the social rented sector: impact on young people in Scotland Brought to you by the Chartered Institute of Housing Executive Summary About the research This research was
More informationThe German housing market and housing finance system
The German housing market and housing finance system Mark Weinrich Association of Private Bausparkassen Berlin, 26th September 2016 1 House price development in Germany German housing market characterised
More informationESDS 31 st October 2011 Professor Paddy Gray and Ursula Mc Anulty University of Ulster
ESDS 31 st October 2011 Professor Paddy Gray and Ursula Mc Anulty University of Ulster Twentieth century largely a period of decline rent controls, growth of owner occupation and large scale redevelopment
More informationThe balance between landlords and tenants Restrictions on contractual freedom in the three Nordic EU-members
The balance between landlords and tenants Restrictions on contractual freedom in the three Nordic EU-members Points of Discussion Nordic Group PER NORBERG JACOB JUUL-SANDBERG PG NYSTRÖM MARIE ÖHRSTRÖM
More informationCONTENTS. 1. The DPS Rent Index 2. Methodology 3. The Brains Behind the Index 5. Executive Summary 7. Data and Graphs 33.
Q3 2017 The DPS Rent Index is prepared from information provided to Computershare Investor Services Plc from third parties which we believe is collated with care. We make no representation as to the accuracy
More informationUnderstanding the Role of Private Renting. A Four-Country Case Study
Understanding the Role of Private Renting A Four-Country Case Study Understanding the Role of Private Renting A Four-Country Case Study Report for the Knowledge Centre for Housing Economics by Cambridge
More informationPrivate rented sector housing
Private rented sector housing Purpose of report For discussion. Summary The private rented sector is an important part of the local housing market. This paper introduces some of the challenges for councils
More informationRents for Social Housing from
19 December 2013 Response: Rents for Social Housing from 2015-16 Consultation Summary of key points: The consultation, published by The Department for Communities and Local Government, invites views on
More informationRental Index. December 2017 (Q4 17)
Rental Index December 2017 (Q4 17) Contents National rental trends 3 Data from offices trading over nine years 3 Data including new Belvoir offices 3 Summary for England 4 Summary for Scotland 5 Summary
More informationTHE CASE FOR EUROPEAN LONG LEASE REAL ESTATE: CONTRIBUTING TO MORE CERTAIN INVESTMENT OUTCOMES
This document is for professional/qualified investors only. It is not to be distributed to or relied on by retail clients. THE CASE FOR EUROPEAN LONG LEASE REAL ESTATE: CONTRIBUTING TO MORE CERTAIN INVESTMENT
More informationPrivate Housing (Tenancies) (Scotland) Bill. Written submission to the Infrastructure and Capital investment Committee
Private Housing (Tenancies) (Scotland) Bill Written submission to the Infrastructure and Capital investment Committee Background: The National Landlords Association (NLA) The National Landlords Association
More informationMore affordable housing is needed Ostrava March
More affordable housing is needed Ostrava March 14 2018 Researcher President International Union of Tenants svenbergen@telia.com I will talk about Trends in Europe Housing differs from any other market
More informationCharter for Housing Rights
Charter for Housing Rights Time for a major public housing building programme Charter for Housing Rights The housing and homelessness crisis is the defining issue of our time. It demands an urgent, coherent
More informationAUSTRALIAN HOUSING: HIPSTER BREAKFAST CHOICES OR A NATION OF SPECULATING SPIVS? Housing is a human right
AUSTRALIAN HOUSING: HIPSTER BREAKFAST CHOICES OR A NATION OF SPECULATING SPIVS? A SERIES OF QUESTIONS Is Australia in a housing bubble that will inevitably burst? What drives housing inflation in Australia?
More informationStatements on Housing 25 April Seanad Éireann. Ministers Opening Statement
Statements on Housing 25 April 2018 Seanad Éireann Ministers Opening Statement Overall Context I d like to thank the House for this important opportunity to update you on housing and related matters to-day.
More informationPolicy Briefing Paper no. 2
Housing, planning, community And local government Eoin Ó Broin TD Spokesperson on Housing, Planning, Community and Local Government Policy Briefing Paper no. 2 REFORMING PRIVATE RENTED SECTOR CONTENTS
More informationNo place to live. A UNISON survey report into the impact of housing costs on London s public service workers
No place to live A UNISON survey report into the impact of housing costs on London s public service workers 1 FOREWORD Public services are critical to the London economy. Good transport and housing, quality
More informationCONTENTS. List of tables 9 List of figures 11 Glossary of abbreviations 13 Preface and acknowledgements 15 1 INTRODUCTION...19
CONTENTS List of tables 9 List of figures 11 Glossary of abbreviations 13 Preface and acknowledgements 15 1 INTRODUCTION...19 1.1 Research scope and purpose...19 1.1.1 The cases...20 1.1.2 The period of
More informationResilience of national housing systems in times of a credit crunch
Resilience of national housing systems in times of a credit crunch Presentation at the session Global economic crisis and housing policy response Academy of Sciences of the Czech Republic Institute of
More informationRENTED HOMES BILL. Steve Clarke Managing Director. To enhance and protect the rights, representations and housing standards of tenants in Wales
RENTED HOMES BILL Steve Clarke Managing Director and housing standards of tenants in Wales 1 The Bills are alive? B and housing standards of tenants in Wales 2 The five choice barriers to renting Affordability
More informationMarch 2014 Dominic Macer, Build to Rent Project Director
CIH Affordable Housing Conference March 2014 Dominic Macer, Build to Rent Project Director Introduction to Grainger Business Overview UK s largest listed residential landlord and property manager First
More informationPrivate Renting and Social Landlords: Can they help reduce inequality?
Private Renting and Social Landlords: Can they help reduce inequality? Presentation by Alice Belotti and Anne Power, LSE Housing and Communities on research funded by the International Inequalities Institute
More informationPolicy Briefing: Improving the stability of privately rented homes
Policy Briefing: Improving the stability of privately rented homes Introduction This paper sets out the case for increasing private renters security of tenure by ending landlords ability to evict tenants
More informationUK Housing Awards 2011
UK Housing Awards 2011 Excellence in Housing Finance and Development: Winner Rettie & Co, Springfield Properties and DCHA: Resonance at Moray Apartments, Edinburgh Summary In this climate of constrained
More informationArbon House, 6 Tournament Court, Edgehill Drive, Warwick CV34 6LG T F
Response to the Home Office Proposals for an Immigration Bill 2015 Housing Measures From the Association of Residential Letting Agents (ARLA) August 2015 Background: 1. The Association of Residential Lettings
More informationSubmission to Pillar Four of Rebuilding Ireland: Develop a strategy for a viable and sustainable rental sector
Page1 Submission to Pillar Four of Rebuilding Ireland: Develop a strategy for a viable and sustainable rental sector Introduction Focus Ireland is one of the leading providers of support services to individuals
More informationHousing. Labour s Policy Review. Private Rented Housing. Providing stability and affordability for renters and families
Housing Labour s Private Rented Housing Providing stability and affordability for renters and families : Private Rented Housing Labour s Providing stability and affordability for renters and families Labour
More informationMETREX Expert Group Affordable Housing
METREX Expert Group Affordable Housing METREX 125 West Regent Street GLASGOW G2 2SA Scotland UK T. +44 (0) 1292 317074 F. +44 (0) 1292 317074 secretariat@eurometrex.org http://www.eurometrex.org 1 METREX
More informationInvestigating the effect of Welfare Reform on Private Renting. Dr Tom Simcock October 2018 State of the PRS: Quarterly Report
Investigating the effect of Welfare Reform on Private Renting Dr Tom Simcock October 2018 State of the PRS: Quarterly Report About the Residential Landlords Association The home for landlords The RLA represents
More informationHousing markets, wealth and the business cycle
Housing markets, wealth and the business cycle Nathalie Girouard copyright with the author OECD Economics Department DG ECFIN workshop: Housing and mortgage markets and the EU economy Brussels, 21 November
More informationEnding Security of Tenure for Social Renters: Opening the Door to Ambulance Service Social Housing?
City Futures Research Centre Ending Security of Tenure for Social Renters: Opening the Door to Ambulance Service Social Housing? Suzanne Fitzpatrick, Heriot Watt University, Edinburgh Hal Pawson, Heriot
More informationImproving valuations and unlocking sector capacity
Improving valuations and unlocking sector capacity Speakers: Chair: Richard Petty Lead Director, Affordable Housing, Jones Lang LaSalle Carol Matthews Partner, Social Housing, Wright Hassall Andy Smith
More informationEconomic and monetary developments
Box 4 House prices and the rent component of the HICP in the euro area According to the residential property price indicator, euro area house prices decreased by.% year on year in the first quarter of
More informationMember briefing: The Social Housing Rent Settlement from 2015/16
28 May 2014 Member briefing: The Social Housing Rent Settlement from 2015/16 1. Introduction On Friday 23 May Government issued the final policy for Rents for Social Housing from 2015/16, following a consultation
More informationHow to get housing for all households Reimagining Ireland s Future housing, wealth and inequality Dublin 26 October 2018
How to get housing for all households Reimagining Ireland s Future housing, wealth and inequality Dublin 26 October 2018 Researcher President International Union of Tenants svenbergen@telia.com I will
More informationRent Predictability Measure
Rent Predictability Measure Q1. What is the Rent Predictability Measure?... 2 Q2. How is an area designated as a Rent Pressure Zone?... 2 Q3. Why have Dublin and Cork been designated as Rent Pressure Zones?...
More informationShaping Housing and Community Agendas
CIH Response to: DCLG Rents for Social Housing from 2015-16 consultation December 2013 Submitted by email to: rentpolicy@communities.gsi.gov.uk This consultation response is one of a series published by
More informationSelective Licensing Consultation
Leeds City Council Civic Hall Calverley Street Leeds LS1 1UR Date 23/10/2018 Dear Sir or Madam, Selective Licensing Consultation Thank you for the opportunity to respond to the above consultation. We have
More informationTenancy Policy Introduction Legal Framework Purpose Principles Policy Statement Tenancy Statement...
1 Tenancy Policy January 2014 Table of Contents Tenancy Policy... 1 Introduction... 2 Legal Framework... 2 Purpose... 3 Principles... 3 Policy Statement... 4 Tenancy Statement... 4 Tenancy Types... 5 Assured
More informationRental costs in Europe The influence of a regulated Rental Market
Rental costs in Europe The influence of a regulated Rental Market Montserrat Pareja Eastaway University of Barcelona, Spain Housing Market Challenges in Europe and the US any solutions available? Session
More informationThe Carbon Challenge
The Carbon Challenge How emission reduction schemes may affect property lenders November 2015 Commercial property is now subject to a range of EU-wide and UK domestic law aimed at reducing carbon emissions.
More informationPolicy Briefing Banish the Bedroom Tax Monster Campaign- Action Plan for Scotland
Policy Briefing Banish the Bedroom Tax Monster Campaign- Action Plan for Scotland From the Shelter Scotland policy library August 2013. All rights reserved. This document is only for your personal, non-commercial
More informationGuidance Note on Recent Legislative Changes
Residential Tenancies Board Guidance Note on Recent Legislative Changes Review of the Planning and Development (Housing) and Residential Tenancies Act 2016 12 January 2017 F l o o r 2, O C o n n e l l
More informationHow to define threshold households in different big German and European cities?
Presented at the FIG Working Week 2017, May 29 - June 2, 2017 in Helsinki, Finland How to define threshold households in different big German and European cities? FIG Working Week 2017 Helsinki Finland
More informationLocal Authority Housing Companies
Briefing 17-44 November 2017 Local Authority Housing Companies To: All Contacts Key Issues There has been a rise in the number of Local Authority Housing Companies that have been established and APSE has
More informationHousing: A home or somewhere to live? June 2014
Housing: A home or somewhere to live? June 2014 3 rd Floor North 200 Aldersgate London EC1A 4HD Tel: 03000 231 231 www.citizensadvice.org.uk : 7833 2181 Introduction The crisis in the UK housing market
More informationResponse to the Scottish Parliament s Finance Committee call for evidence on the proposed LBTT supplement on additional residential homes
Response to the Scottish Parliament s Finance Committee call for evidence on the proposed LBTT supplement on additional residential homes Background From National Association of Estate Agents (NAEA) January
More informationLimited Partnerships - Planning for the Future
Limited Partnerships - Planning for the Future Recommended Guidance for Limited and General Partners published jointly by the National Farmers Union of Scotland Scottish Land and Estates Scottish Tenant
More informationAn Assessment of Recent Increases of House Prices in Austria through the Lens of Fundamentals
An Assessment of Recent Increases of House Prices in Austria 1 Introduction Martin Schneider Oesterreichische Nationalbank The housing sector is one of the most important sectors of an economy. Since residential
More informationRental Index. September 2018 (Q3 18)
Rental Index September 2018 (Q3 18) Contents National rental trends 3 Data from offices trading over 10 years 3 Data including new Belvoir offices 3 Summary for England 4 Summary for Scotland 5 Summary
More informationTENANTS INFORMATION SERVICE (TIS) WRITTEN SUBMISSION
TENANTS INFORMATION SERVICE (TIS) WRITTEN SUBMISSION 1.0 Introduction 1.1 The Tenants Information Service (TIS) is the national training, support and advice organisation working with tenants and landlord
More informationService, Policy & Legislative Update: Housing SPC Dublin City Council
Service, Policy & Legislative Update: Housing SPC Dublin City Council Planning and Development (Housing) and Residential Tenancies Act 2016 Private Rented Sector 20% of households (Census 2011) No longer
More informationHousing Revenue Account Rent Setting Strategy 2019/ /22
Council 13 February, 2018 Housing Revenue Account Rent Setting Strategy 2019/20 2021/22 Report by Allister Short, Joint Director, Health and Social Care & Gary Fairley, Head of Finance and Integrated Service
More informationMay Background. Comments
Response to UK Government s Cutting Red Tape review of Local Authority enforced regulation from National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA) Background
More information1.1 grant, continuance, extension, variation, or renewal of any tenancy agreement; or
In Confidence Office of the Minister of Housing and Urban Development Chair, Cabinet Business Committee Prohibiting letting fees under the Residential Tenancies Act 1986 Proposal 1 I seek Cabinet approval
More informationLandlords Report. Changes, trends and perspectives on the student rental market.
Landlords Report Changes, trends and perspectives on the student rental market. Summer 2015 2 Landlords Report Executive Summary 3 Letting Success 5 Rent price & portfolio changes 9 Attitudes about the
More informationUK Office Market Report
UK Office Market Report Winter 21 211 will remain challenging for some cities, however, the muted development pipeline will help underpin rents. Prime yields have continued to harden, albeit at a slower
More informationRadical Solutions to the Housing Supply Crisis. Duncan Bowie University of Westminster. SHELTER CYMRU 6 July 2017
Radical Solutions to the Housing Supply Crisis Duncan Bowie University of Westminster SHELTER CYMRU 6 July 2017 The Context The Highbury Group on Housing delivery and the origins of the research Undersupply
More informationSHEPHERDS BUSH HOUSING ASSOCIATION UNDEROCCUPYING AND OVERCROWDING POLICY
(UNCONTROLLED WHEN PRINTED) SHEPHERDS BUSH HOUSING ASSOCIATION 1. INTRODUCTION Shepherds Bush Housing Association (SBHA) intend to avoid underoccupation of our properties and to minimise and avoid overcrowding
More informationHigher Densities No Sprawl: Master Plan for the City of Ramat-Gan, Israel
Higher Densities No Sprawl: Master Plan for the City of Ramat-Gan, Israel Israel is a small and densed country. Israel is a small country with a total area of 21,000 sq.km. and population of 7.2 million
More informationLandlord & Tenant Helpsheet
Landlord & Tenant Helpsheet Legalhelpers is strongly committed to providing quality legal assistance to landlords and tenants alike. Therefore, we have produced a range of documents obtainable to both
More informationRESIDENTIAL MARKET REVIEW
RESIDENTIAL MARKET REVIEW S E P T E M B E R Q U A R T E R 2 0 1 8 RPM REAL ESTATE GROUP IS VICTORIA S MOST SUCCESSFUL RESIDENTIAL DEVELOPMENT SALES, MARKETING AND ADVISORY AGENCY. WE SPECIALISE IN SALES
More informationAn Introduction to Social Housing
An Introduction to Social Housing This is an introductory guide to social housing and the role of housing providers in England and Scotland (where Riverside has stock). It focuses on the following key
More informationMandatory Tenants Information Pack. Barry Stalker Principal Policy Officer Private Rented Housing team
Mandatory Tenants Information Pack Barry Stalker Principal Policy Officer Private Rented Housing team Background Review of the Private Rented Sector 2009 Suggested a knowledge gap in the PRS one in five
More informationExpanding the Rented Sector
Expanding the Rented Sector Lee Farrington Expanding the Rented Sector Programme, Department for Communities and Local Government West Midlands Private Landlord Conference Thursday 13 th November Overview:
More informationDo measures that discourage buy-to-let investment increase rents?
Do measures that discourage buy-to-let investment increase rents? A Generation Rent paper By Dan Wilson Craw October 2018 Summary The private rented sector has doubled in size in the past 15 years. With
More informationGunne Property Market
Gunne Property Market R E P O R T W I N T E R 0 6 Quarterly news from our twelve branches Gunne/ EBS Landlord Survey 2006 Top 1,000 CEO Survey 2006 Ranelagh branch opening Market Overview The most significant
More informationHouse prices in the latest three months (March 2014 May 2014) were 2.0% higher than in the preceding three months (December February2014).
PROPERTY REPORT JULY 2014 House Prices Rightmove Not a huge jump this month according to Rightmove. Key points New seller asking prices at virtual standstill, up by just 0.1% (+ 272) this month More regions
More informationThe South Australian Housing Trust Triennial Review to
The South Australian Housing Trust Triennial Review 2013-14 to 2016-17 Purpose of the review The review of the South Australian Housing Trust (SAHT) reflects on the activities and performance of the SAHT
More informationOffice Rents map EUROPE, MIDDLE EAST AND AFRICA. Accelerating success.
Office Rents map EUROPE, MIDDLE EAST AND AFRICA Accelerating success. FINLAND NORWAY EMEA Office Rents H1 2012 Oslo 35.9 5.50% 7.6% 311,000 SWEDEN Stockholm 43.7 4.75% 4.0% 80,000 Tallinn 13.4 65,000 ESTONIA
More informationFLEXIBLE TENANCIES CONTENTS FLEXIBLE TENANCIES: BACKGROUND SCOPE OF THIS NOTE
7 FLEXIBLE TENANCIES This document is published by Practical Law and can be found at: uk.practicallaw.com/9-556-9006 Request a free trial and demonstration at: uk.practicallaw.com/about/freetrial A note
More informationPrivate Housing (Tenancies) (Scotland) Bill [AS AMENDED AT STAGE 2]
Private Housing (Tenancies) (Scotland) Bill [AS AMENDED AT STAGE 2] CONTENTS Section 1 Meaning of private residential tenancy 2 Interpretation of section 1 3 Power to modify schedule 1 4 Extended meaning
More informationCIH response to Overcoming the barriers to longer tenancies
About CIH Chartered Institute of Housing (CIH) is the independent voice for housing and the home of professional standards. Our goal is simple to provide housing professionals and their organisations with
More informationCauses & Consequences of Evictions in Britain October 2016
I. INTRODUCTION Causes & Consequences of Evictions in Britain October 2016 Across England, the private rental sector has become more expensive and less secure. Tenants pay an average of 47% of their net
More informationScottish Parliament Social Security Committee Social Security Support for Housing Written Submission from ARLA Propertymark March 2019
Scottish Parliament Social Security Committee Social Security Support for Housing Written Submission from ARLA Propertymark March 2019 Background 1. ARLA Propertymark is the UK s foremost professional
More informationAgricultural land - farm sales framework
Agricultural land - farm sales framework Introduction The requirements of The Crown Estate Act 1961 as amended by the Scotland Act 2016, place a statutory responsibility on Crown Estate Scotland (Interim
More informationLong fixed-term residential tenancy agreements in New South Wales
Tenants' Union of NSW Suite 201 55 Holt Street Surry Hills NSW 2010 ABN 88 984 223 164 P: 02 8117 3700 F: 02 8117 3777 E: tunsw@clc.net.au tenantsunion.org.au tenants.org.au SUBMISSION Long fixed-term
More informationCommonhold An opportunity for developers
Commonhold An opportunity for developers Contents Commonhold a starter for ten 2 The Commonhold law 2 The nuts and bolts of a Commonhold scheme 2 The pros and cons of Commonhold 3 Developer s control 3
More informationFact sheet Housing Benefit Reform: the Local Housing Allowance Q&A
Fact sheet Housing Benefit Reform: the Local Housing Allowance Q&A From the Shelter policy library February 2004 www.shelter.org.uk 2004 Shelter. All rights reserved. This document is only for your personal,
More informationWandsworth Borough Council. Tenancy and Rent Strategy
APPENDIX 1 TO PAPER NO. 19-08 Wandsworth Borough Council Tenancy and Rent Strategy CONTENTS Page Introduction 2 Tenancies for applicants who were not already social housing tenants as at 1st April 2012
More informationLondon Borough of Barnet Temporary Accommodation Procurement Policy
London Borough of Barnet Temporary Accommodation Procurement Policy Version Control Item Reason for Change Version Author Date 1. 2. 3. 4. 5. Last Review Date: Jan 2016 Next Review Date: April 2017 1 1.
More informationIn 2019, Manhattan s investment property market faces wild card of rates & rent regulation - by Howard Raber and David Baruch
In 2019, Manhattan s investment property market faces wild card of rates & rent regulation - by Howard Raber and David Baruch January 22, 2019 - New York City Howard Raber, Ariel Property Advisors David
More informationPrivate Rented Sector Report
Private Rented Sector Report January 2018 January 2018 PRS Report RENTAL MARKET STARTS 2018 ON THE BACK FOOT Key Findings The supply of rental properties fell by eight per cent from December to January,
More information