A year after the launch of the Mayor’s flagship London Rental Standard only 14,350 of London’s 300,000 private landlords have signed up. However when he launched the voluntary scheme the Mayor said he would have 100,000 landlords signed up by May next year. Labour’s London Assembly Member John Biggs has warned that “Boris Johnson’s system of voluntary self-regulation is failing private renters in Tower Hamlets”.
Less than a year before the Mayor said he would hit his target of 100,000 landlords signed up to his minimum standards the latest figures show he is only 14% of the way there with only eight hundred extra landlords signing up in the last year.
In 2012 Boris Johnson pledged that he would sign up 100,000 of London’s private sector landlords to a new London Rental Standard (LRS). The scheme, which was eventually launched on 28th May 2014, sets minimum standards for landlords and amalgamated the various voluntary landlord accreditation schemes in the capital.
When the LRS was launched the Mayor reported that there were 13,512 landlords already signed up to the various accreditation schemes. Since then, according to the latest available City Hall figures, only 838 additional landlords have signed up despite an intensive publicity campaign.
London Assembly Member John Biggs for said:
“Boris Johnson’s abysmal record on housing is epitomised by the fact that with less than a year to go he has signed up just 14% of the 100,000 landlords he promised by May 2016. This is failing private renters in Tower Hamlets.
“We need real change in the private rented sector. Residents in Tower Hamlets need the peace of mind and security of longer tenancy agreements, caps on rent increases and an end to no fault evictions. Instead, Boris Johnson’s system of voluntary self-regulation is leaving private renters with little protection from bad landlords.”