More Reasons for Private Rented Sector to be Scared

The Department for Communities and Local Government and Housing Minster, Brandon Lewis MP have played another “blinder” and hammered home yet another nail in the coffin for the Private Rented Sector (PRS) in the form of “Pay to Stay”.

Housing Minister, Brandon Lewis, said:

 “It’s not fair that other hard-working people are subsidising the lifestyles of higher-earners to the tune of £3,500 per year, when the money could be used to build more affordable homes.”

 “’Pay to stay’ will ensure that those tenants on higher incomes who are living in social housing have a rent that reflects their ability to pay, while those who genuinely need support continue to receive it.”

Here is the link to The Department for Communities and Local Government press release:

https://www.gov.uk/government/news/fair-rents-will-ensure-higher-earning-tenants-pay-to-stay

 

So why is the “Pay to Stay” bad for Private Rented Sector?

Housing Associations can now charge full market rent to tenants who have a household income in excess of £30,000 per annum, the very same tenants the Private Rented Sector (PRS) is looking to attract, but which is more appealing to a tenant a private landlord or a Housing Association?

My guess would be a Housing Association is the more attractive option for a host of reasons but the most obvious being:

  • Tenants will be able to buy their Housing Association property after just 3 years with a 35% discount if it’s house and a 50% discount on a flat

So for professional working tenants currently renting from a PRS landlord making the switch to a Housing Association landlord makes sound financial sense.

Next question where are all the low income and tenants in receipt of benefits going to be housed?

You can also read about other ways Government Attacks Private Rented Sector

Sorry Housemates Cardiff Council have Shrunk the Bins

cardiff bins

Landlords and housemates be warned!   Your black general waste bin is getting smaller. This is happening right across Cardiff so if you own, manage or live in a Cardiff house share disposing of your general waste maybe about to get a lot more difficult.

General waste black bins are currently 240 litres buy are being replaced by a smaller 140 litre version.   This was brought to my attention last week when I put the bins out at a house share on North Road, Cardiff currently home to 5 house mates.

Five housemates produce a fair amount of general waste over a 2 week period and to be fair they all do their bit for recycling, utilising green bags and food waste brown bins, but now there has been a slight of hand and the bin has transformed from a just about adequate 240L to a worrying small 140 litre bin.

I have spoken to Cardiff Council about this as I am worried about other house shares across Cardiff with 6 or more people and was informed that letters have been sent out to all households and those with 6+ housemates should contact the council to stop their existing black wheelie bins being replaced.

So if you own or manage or live in a house share in Cardiff with six or more people make sure you contact them ASAP to ensure your bins don’t shrink!

Here is a link containing a contact number for Cardiff Council Waste & Recycling Team