Robert Mellors

Registered with
Saturday 26th October 2013

Latest Comments

Total Number of Property118 Comments: 1126

Robert Mellors

9:57 AM, 24th November 2020
About A week ago

DIY Housing Association?

Reply to the comment left by AMAZONIA STARBUCK at 20/11/2020 - 21:05
Hi Amazonia Starbuck !

The staff of a housing association can be paid a salary commensurate with their role, hours, and responsibilities. Any wages or salary has to be "reasonable", and demonstrably so.

A registered housing association is monitored and regulated by the Regulator of Social Housing, so I would suggest that you read up on the compliance criteria that they publish, particularly the regulatory standards and procedures, and the governance and financial viability, sections of their guidance.

If you are thinking in terms of making money from a housing association then your motives and mindset are all wrong, and you will find that the onerous level of work involved is far in excess of what you expected and the salary is far worse than what you would earn operating as a private landlord.

You could not, for example, simply lease your privately owned properties to your own housing association and pay yourself a salary for managing them, as that would be a clear conflict of interest and would be against the "not-for-profit" status of the housing association. Housing associations have been struck off the register (by the Regulator of Social Housing) for this type of arrangement.

Note that your "board" of trustees would have overall responsibility for the running of the housing association, and as such they would be able to override any decision you wish to make, and even sack you from your role as managing director, CEO, (or whatever other title you may use).

Alternative formats may include: a charity, a co-operative, a not-for-profit organisation, an industrial and providence society, or an almshouse, but each comes with it's own set of regulation and compliance criteria, and setting up any of these is not for the fainthearted. They all have different pro's and con's, but none of them are likely to make you any money, as that is not their reason for being.

If you are still keen on the idea of setting up a housing association, then your first step would be to read all the guidance issued by the Regulator of Social Housing, then read the guidance issued by the Charity Commission. If that does not put you off, then get in touch and we can discuss your ideas further.... Read More

Robert Mellors

18:09 PM, 20th November 2020
About 2 weeks ago

DIY Housing Association?

I am both a private landlord, and I have also set up (and still run) a housing association.

These have to be entirely separate, as the housing association is a "not-for-profit" organisation and has to be able to evidence this.... Read More

Robert Mellors

10:50 AM, 17th November 2020
About 2 weeks ago

Safeguarding of rental income?

Insisting on a suitable guarantor (rent and damage guarantor, not just a rent guarantor), is the only way to protect yourself.
While you can get some rent guarantee insurance, this does not usually cover you for the full scope of potential losses, whereas a guarantor can be held fully liable for ALL the debt owed by the tenant, whether this is for rent arrears, damage to the property, or any other breach of the tenancy agreement that has caused a loss (subject to the limitations of the Tenants Fees Act of course).
If you can get multiple guarantors, that is even better.

Make sure the Deed of Guarantee is signed AND witnessed, in your presence.

Make sure the Deed of Guarantee cannot be cancelled, and does not expire upon the end of a fixed term.... Read More

Robert Mellors

13:50 PM, 16th November 2020
About 2 weeks ago

Guarantor for fixed term or duration of tenancy?

Hi Ashleigh

Good move in getting a guarantor.

It all depends on the exact wording of your Deed of Guarantee document. What does it say about the continuation of the guarantee (guarantor's liabilities) beyond the initial fixed term?

As Ian has pointed out, if you have used an old version of the NLA/RLA/NRLA deed of guarantee then you may not be covered beyond the initial fixed term, but if you have used their latest version then I guess it will continue until such time as the tenant moves out.... Read More

Robert Mellors

11:44 AM, 11th November 2020
About 3 weeks ago

Is Covid-19 really affecting HA's capacity rates?

Reply to the comment left by WP at 11/11/2020 - 11:24
I could not recommend or vouch for anyone in your area, but I do know some people who provide accommodation for supported housing in Birmingham, so I could put you in touch with them if you wish. It would be for you to do your due dilligence and ensure you are happy to deal with them of course. Contact me direct if you would like these details

You may also wish to read: Read More