Author : Mary-Anne Bowring
The leveling up Agenda - what it really means
The new Levelling Up White Paper of the government covers a dramatic reshaping of the private rental sector: Landlords will lose their Section 21 eviction powers. According to Housing Secretary Michael Gove, this action will change unfair circumstances where landlords evict tenants from their homes for no reason. Furthermore, all homes in the private rental sector will satisfy the Decent Homes Standard as a minimum standard.
The White Paper Released some Proposals to prove that they will not stop there. For example, it says they will "introduce a landlord register to consult and take actions against rogue landlords who maliciously create difficulties for tenants and break some rules”. There is no explicit mention of a national landlord register, which was mentioned earlier this week in a government leak about today's announcement. However, todays announcement was quite interesting: the government says a new £1.5 billion Levelling Up Home Building Fund will be launched, providing loans to small and medium-sized developers and supporting the government's wider regeneration agenda in areas deemed a priority for leveling up. The government is also promising to build "more genuinely affordable social housing." Following the Grenfell Tower fire in 2017, a new Social Housing Regulation Bill will be introduced. The '80/20 rule,' which directs 80% of government funding for housing supply to' maximum affordability areas' – in practice, London and the South East – will be scrapped, with a large portion of the £1.8 billion brownfield funding instead going to transforming brownfield sites in the North and Midlands. Metro Mayors will receive £120 million of this funding. The Levelling Up White Paper as a whole is extensive and far-reaching, with 12 so-called missions that have been given legal status in a flagship Levelling Up and Regeneration Bill.
There are 12 missions:
1. By 2030, pay, employment, and productivity will have increased in every region of the UK, with each region containing a globally competitive city and the gap between the top performing and other areas closing.
2. Domestic public investment in R&D outside the Greater South East will increase by at least 40% and by at least one-third over the Spending Review period by 2030, with the additional government funding aiming to leverage at least twice as much private sector investment over the long term to stimulate innovation and productivity growth.
3. By 2030, local public transport connectivity throughout the country will be significantly closer to London standards, with improved services, simpler fares, and integrated ticketing.
4. By 2030, the UK will have nationwide gigabit-capable broadband and 4G coverage, with the majority of the population covered by 5G.
5. By 2030, the proportion of primary school children who meet the expected standard in reading, writing, and mathematics will have increased significantly. In England, this means that 90% of children will meet the expected standard, and the percentage of children meeting the expected standard in the lowest performing areas will have increased by more than a third.
6. By 2030, the number of people successfully completing high-quality skills training will have increased significantly across the UK. This will result in 200,000 more people successfully completing high-quality skills training in England each year, with 80,000 more people completing courses in the lowest skilled areas.
7. By 2030, the gap in Healthy Life Expectancy between high and low-income areas will have narrowed, and HLE will have increased by five years by 2035.
8. By 2030, well-being will have improved in every region of the UK, with the gap between the best and worst performing areas closing;
9. By 2030, pride in place, such as people's satisfaction with their town center and engagement in local culture and community, will have increased in every area of the UK, with the gap between the best and worst performing areas closing;
10. Renters will have a secure path to ownership by 2030, with the number of first-time buyers increasing in all areas; and the government's ambition is for the number of substandard rented homes to have fallen by 50%, with the greatest improvements in the worst-performing areas.
11. Homicide, serious violence, and neighbourhood crime will have decreased by 2030, with a focus on the worst-affected areas.
12. By 2030, every part of England that wants one will have a devolution deal with powers at or near the highest level of devolution and a streamlined, long-term funding arrangement.
Survey & Valuation
Mary-Anne Bowring FIRPM FRICS FARLA FCABE Founder/Head of Asset Management
Strategic partnerships, holistic delivery/ opportunities, growth, value engineering, thought leadership
Ian Barber MD BTR Mobilisation & Leasing
Runs HQ & site lease-up teams. Drives rent pricing, mobilisation, marketing, happy residents!
Jon Curtis MRICS Head of Building Engineering
Chartered Building Surveyor. Lectures on EWS1 & building safety. Runs CapEx programmes.
Kate Robinson MIRPM MD Blocks/FM Management (London Region)
Master plan setup, ops and staffing and resident engagement. ISO45001 champion.
Lee Harle Partner Ringley Law
Plot conveyancing. Debt litigation. Group Company Secretary.
Anthony Kingdon MIRPM AssocRICS MD Blocks/FM Management (North Region)
Stakeholder engagement. Mixed tenure specialist. Budget management. Plant audit, PPM compliance.
Chris Georgalis MRICS Head of Commercial Valuation
Chartered Valuer. Rental valuations: retail, leisure. IRR modelling and valuations for secured lending. Compulsory purchase & rent reviews
Nichola Pughe MRICS Head of Residential Valuation
Chartered Valuer. Rental development & mixed use valuations, IRR modelling. Leasehold enfranchisement specialist
Libby Chen MSc Compliance Manager
Operational Plant & Equipment strategy PPM Compliance lead, Asset tagging Client major projects
Dipesh Parekh Director PlanetRent
Customer centric, vertically integrated PropTech/fin-tech solutions.
Leana Aristodemou MIRPM MARLA AssocRICS Strategic lead: ESG & Asset Business Plan delivery
Financial modelling, valuation analyst to support underwriting & fund reporting.
Natalie Birmingham Helpdesk Support Manager
Trainer & Helpdesk Manager: people, systems,contractors. ISO45001 supply chain accreditation.
Steve Norman Planning Director
Land due diligence (opportunities & constraints) Has contributed to a number of award winning schemes.