What’s needed in the Private Rented Sector: Leadership, Energy, Engagement and Connection

By : Jon Hall | 14 May 2024 | 3 mins read

Leadership, energy, engagement, and connection are what is needed in Private Rented Sector (PRS) political leadership, according to our latest community event.

Welcoming speakers from the Resolution Foundation, Propertymark, UK Finance and pollsters Opinium, alongside contributions from our membership, the Landlord Leaders Community’s PRS Political Pulse event hosted a debate around what happens next in a general election year.

With deep concerns about the revolving seat of our housing minister - seven in the last two years - clearly things need to change, and there was definite energy in the room with 30 Landlord Leaders Community members gathering in London for its largest meet to date.

As I suspect is the case in many sectors, the main ask was for leadership with a long-term plan. A view on what is needed for housing stock, for tenants, for landlords, for buyers and the industries that support them to thrive not just for a political term, but for the long-term.

panel picture of landlord leaders panel

With that plan is the energy that is needed to effect positive change - because it won’t be easy - our panellists cited our ageing housing stock; the cost of living crisis; tax complexities; energy efficiency and the need to ‘right size’ who lives where, as just some of the challenges that stand in the way of modernisation.

The change should start with engagement.

Engaging representatives across the housing sector, to help make change happen together. To listen, to support and to empower and to help balance power.

Along with that engagement comes the need for connection - to stop thinking about housing and housing needs in siloes, because they are interconnected.

Our panellists talked about the interdependencies between social housing, the PRS and home ownership, and how by better managing one the others will also improve, and our audience reacted passionately with their questioning.

So where to start?

Well, I think it comes back to the beginning - a holistic, long-term vision and plan which supports many future generations of home renters and buyers and the industries that house them.

With thanks to our panellists Timothy Douglas, Propertymark, James Crouch, Opinium, Cara Pacitti, Resolution Foundation and Ronnell Reffell, UK Finance for providing their thoughts and expertise to the Landlord Leaders Community.

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