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2. Topics Covered
4. Government & SLA RUGG Review
“…social letting
agencies should be
developed in each local
authority area, offering
a competitive
management fee to
landlords in return for
full property
management”. CLG Response
This ‘local lettings
agency’ (based in
large part on Rugg’s
SLA’ concept) should
also be the focus of local
authorities’ engagement
with private rented sector
providers”.
5. CLG and Rugg “We do not wish to be prescriptive about what form the arrangements for a local lettings agency should take and are keen not to fetter local authorities’ discretion in setting them up. Local authorities would therefore be free to develop their own models for this purpose”.
6. Demand East Midlands Stats:
136,545 households on local authority housing registers in the East Midlands.
1,334 homeless households in priority need.
32,176 concealed or overcrowded households.
1,500 mortgage possession orders issued in Q2 2009.
7. Supply Housing Register
DASH
EMLAS
Empty Homes
Current Economic Climate
187,110 private rented properties & 193,63 council-owned dwellings in the region
9. Local Authority Consultation
Costs to Local Authorities
Timescales
Why just LHA tenants?
Fee of 8-10% un competitive
Existing Private Rented Access Schemes
Q&A Document to Follow
10. Success so far….
11. Tenancy Sustainability
13. Centralised Functions ?
14. Invest to Save DASH bid for the money NOT local authorities
In 2008-2009 a large EM LA lost £228,000 in HB subsidy payments
Across the EM this runs in £millions
Cost implications of a house in social sector being taken up by a non-priority need case
Prevent escalation of need
Each individual LA = £120,000 x 40
15. Funding Aims = Fully Self-Financing after 3 years.
Bid for funding being considered by RIEP
DASH2Rent concept is supported by EMRA and GOEM
17. Summary Proven Success Rate
Supply and Demand Exists
Significant Benefits to:
Local Authorities
Tenants
Landlords
Communities
Efficient and Effective Model
18. Thank you for Listening