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Mayor's failing Rental Standard will take 103 years to hit target at current rate

Labour’s London Assembly Housing Spokesperson Tom Copley AM will today challenge London Mayor Boris Johnson on his commitment to the capital’s private renters after it was revealed that at the current rate of progress it will take him over one hundred years to hit his target of getting 100,000 landlords signed up to minimum standards. Despite promising to hit is target by May 2016, just 627 additional landlords have been accredited since Boris Johnson launched the scheme in late May last year.

In 2012 Boris Johnson pledged that he would sign up 100,000 of London’s estimated 300,000 private sector landlords to a new London Rental Standard (LRS). The scheme, which was eventually launched in late May last year, sets minimum standards for landlords and provides an overarching kite mark for the various voluntary landlord accreditation schemes in the capital.

A few days after the LRS was launched in late May 2014 the Mayor reported that there were 13,512 landlords already signed up to the various accreditation schemes. Since then, according to the latest City Hall figures, only 627 additional landlords have signed up despite an intensive publicity campaign. At this rate of progress Mr Copley has warned that it would take a further 103 years before Boris Johnson hits his target to accredit 100,000 landlords.

With only 14,139 of London’s 300,000 landlords signed up, Tom Copley AM said the figures showed Boris Johnson’s system of voluntary self-regulation was “failing private renters”. Mr Copley is set to challenge the Mayor on his failure to drive up private rental standards at today’s (Wednesday) Mayor’s Question Time at City Hall.

Labour’s London Assembly Housing Spokesperson Tom Copley AM, said:

“With more than two million Londoners now living in private rented housing, it’s staggering that the Mayor can be so brazen about his failure to drive up standards in the sector.  Boris Johnson’s abysmal record is epitomised by the fact that with little more than a year to go he has signed up just 14% of the 100,000 landlords he promised by May 2016. 

“At the current rate, it will take over one hundred years before the Mayor meets his target to accredit 100,000 landlords.

“We need real change in the private rented sector. Londoners need the peace of mind and security of longer tenancy agreements, caps on annual rent increases and an end to no fault evictions. Instead Boris Johnson’s laissez faire approach is utterly failing private renters and leaving them with little protection from bad landlords.”

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