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Private Rented Sector GNHP – working with you. Natasha Norman Norwich City Council Private Sector Projects Officer. Presentation outline. Introduction Private rented sector market conditions Issues directly affecting the Greater Norwich area GNHP – helping to overcome objectives
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Private Rented SectorGNHP – working with you Natasha Norman Norwich City Council Private Sector Projects Officer
Presentation outline • Introduction • Private rented sector market conditions • Issues directly affecting the Greater Norwich area • GNHP – helping to overcome objectives • Literature • Accredited Landlord scheme • Forum’s • Website • Let Norwich City Council • Planning for the future • Contact
Introduction Private Sector Projects Officer employed to set up projects that will help alleviate and prevent homelessness through: • Improving access to the private rented sector for vulnerable households. and • Improving property standards and reducing hazards in the private rented sector
Current market conditions • 27% more surveyors reported a rise in new tenant lettings than a fall, compared to 36% in July (RICS Nov 08). • Meanwhile, 56% more surveyors reported a rise in new landlord instructions than a fall, compared to 45% in July (RICS Nov 08). • A rise in inexperienced landlords poses risk to the rental market (Landlord & buy-to-let Jan/Feb 09). • Rent expectation lowers while tenants want more value for money (RICS)
Current market conditions - rental prices Average Rental Prices in Norwich 4 bed 3 bed 2 bed 1 bed www.nestoria.co.uk
Issues directly affecting the greater Norwich area • Our research found that communication is the main barrier between Local Authorities, landlord and tenants, e.g. • knowledge of rights and responsibilities missing • Difficulties regarding where to find information • Uncertainty about the help and support from Local Authorities and other organisations. • Landlords are not necessarily unwilling to help but are unsure of issues and also need guidance.
How the GNHP aim to help Developing communication tools to help the private rented sector: • Landlord guide and tenant guide • Accredited Landlord scheme • Forum’s • Website • Let Norwich City Council
Initially for Accredited Landlords Gives information on common issues Can be used as a quick guide Ensures both landlords and tenants have basic understanding Landlords can hand the tenant guide out as a goodwill measure. Landlord guide & Tenant guide – Norwich City Council
Accredited Landlord scheme - GNHP • Effectively promoting landlords as professional businesspersons with a high standard of accommodation • Helping landlords to become the main competitor in the lettings market by giving them a market advantage • Giving access to incentives, such as the warm lets grant, advertising and useful hotlines.
Ensure we regularly meet An opportunity for landlords to voice opinions Be kept up-to-date with current issues Meet with your fellow peers. Forum’s - GNHP
Let NCC is the new name for our private sector leasing scheme. More professional Easy to remember Simple to contact proven successful when building relationships with landlords. Let NCC – Norwich City Council
Planning for the future • Only the beginning… • Continue building relationships with private landlords and tenants • Continue consulting private landlords and tenants regarding initiatives we can create to help them with current issues.
Contact Us Natasha Norman Private Sector Projects Officer ( 01603 212849 *gnprivaterenting@norwich.gov.uk For comments on the guides etc *kmitchell@s-norfolk.gov.uk For comments on the housing assessment