MD1408 RE:NEW in the private rented sector

Type of decision: 
Mayoral decision
Code: 
MD1408
Date signed: 
19 December 2014
Decision by: 
Boris Johnson MP (past staff), Mayor of London

Executive summary

The Domestic Sector Retrofit programme RE:NEW has retrofitted approximately 100,000 homes since it was created in 2009. However in London a major scaling up of retrofit activity is required to meet our targets as part of the Mayor’s carbon plan. This includes addressing energy efficiency in the private rented sector, which currently accounts for 25% of London’s housing stock and is growing fast.

This paper seeks approval to support two projects to save energy and carbon in properties in the private rented sector (PRS) through the RE:NEW programme, and reinforce the appeal and benefits and boost membership of the London Rental Standard (LRS).

The projects seek to support achievement of RE:NEW Key Performance Indicators in the PRS, be promoted through the LRS, and provide evidence to use in marketing and engagement work that will increase the number of private rented sector retrofit projects delivered more widely.

Part 1: Non-confidential facts and advice