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Boris backs battle to rid London of bad housing
26 March 2015
London Mayor Boris Johnson is urging more landlords and letting agents to join his campaign to crack down on bad homes in the capital.
The London Rental Standard aims to rid the city of rogue landlords who badly treat their tenants.
As the LRS approaches the end of its first year, Johnson reports that more than 115,000 private rented homes are part of the LRS – along with more than 300 letting agents, including all the London branches of the capital’s largest letting agents.
“This enthusiastic take-up from agents across the capital is testament to the great success of our new and growing London Rental Standard,” he said.
“With more and more of London’s workforce and young families now living in rented homes, this sector has a vital part to play in helping to meeting the capital’s housing needs.
“The standard is improving the experience of everyone involved with a clear code of good practice, and I encourage every agent, landlord and tenant to seek it out and sign up.”
Johnson believes the LRS is already raising private rented home standards across London.
Almost a third of Londoners live in private rented homes and more are expected to do so as private landlords and institutional investors continue to invest in the city.
“The London Rental Standard is fast becoming an important feature of London’s lettings industry, helping Londoners to pick between the huge array of landlords and agents on offer in the capital,” said Johnson.
“It helps landlords and agents to understand their responsibilities to their tenants and to equip them with the knowledge they need to protect themselves from mistakes which can incur hefty costs and leave tenants disgruntled.”
The LRS allows letting agents and landlords display a kite mark to show they are accredited by the Greater London Authority.
This demonstrates they have attended training to deliver a better service to tenants, which covers offering:
• Clear fee structures to tenants and landlords
• Better housing conditions
• Improved customer care when dealing with problems and repairs
• Guaranteed deposit protection
Find out more about becoming a London Rental Scheme accredited landlord.
Accredited landlords receive discounts with our sister company deposit protection scheme, mydeposits.