A view on rent increases by one of our tenants

Below is something that was sent to our website earlier today. This echoes the views on rent increases by nearly every tenant on Cumberland Market and on other ex-Crown Estate properties.

I just a had a rent increase of 9%, so my rent has gone from £937 per month for a two bedroom flat (Windsor House) to £1,021 per month an extra £84 pounds per month that I have to find. my salary went up 2% and I have to find an extra £1,008 per year. I have been told the ceiling is approx £1,200 per month, so it will keep increasing every year by 7%>9% max. how I am suppose to afford this? and Peabody will just do another postcode market rent survey when every they feel like – so the ceiling level will just keep increasing!.

Also the quality inside the property and outside for that matter is not market quality by a long shot, the estate is run down and the council estates in the same area (Cumberland market) are actually in better condition. Not that matters to Peabody and their maintenance company ‘Axis’ who provide a less than satisfactory service (that is being kind too).

Such a shame we were all sold out by the Crown Estate so they could maximize their profit and developmental of Regent Street,

I hear comments about the Regency properties (what Peabody calls the former Crown Estate) are not profitable! is that our fault?, maybe it’s something to do with the current housing management that were left over from the Crown Estate Sale?

Oh well guess I will be moving out of the area I have lived in for the last 26 years soon – thanks Peabody!

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Aged between 13 – 16 years? A chance to win a trip to the USA

Peabody is offering 13 – 16 year olds a chance to win a trip to the USA which has flights, hotel, visa and passport costs included.

10 places are available for Peabody’s competition to win a seven-night exchange visit to Peabody Massachusetts, USA, home of its founder George Peabody. 

See and experience the American way of life, visit tourist and special interest sites, meet American students, go and see an American Football game (to be confirmed).  

To be eligible for the trip you need to: 

  • be aged between 13 and 16 at the time of travel (expected to be 26 Oct–2 Nov 2013) 
  • live in a Peabody home
  • not be a previous PeabodyUS exchange trip winner

How to enter
Complete the application form available on the Peabody website and send it back by 30 June 2013 to:

Nicola Langley-Essen
Email:
nicola.langley-essen@peabody.org.uk

Postal address:
Peabody
45 Westminster Bridge Road
London
SE1 7JB 
 

The next stage
Peabody will  invite a number of applicants to attend a workshop before making a decision on the final group. They send out invitations to the workshop by 15 July 2013.

Peabody Job Fair – Friday 26 April 2013 / Hugh Cubitt Centre N1 9QZ

Peabody’s Employment Service is running a jobs fair offering job and apprenticeship opportunities in:

  • construction
  • retail
  • administration
  • care
  • hospitality / catering
  • housing

 Volunteer opportunities also available.

 When?
Friday 26 April 2013, 9.30am–12.30pm and 1.30pm–4pm

Where?
Hugh Cubitt Centre
48 Collier St
London
N1 9QZ
Tel: 020 7021 4127
Nearest station: King’s Cross

Last year almost 1,000 people attended, meeting 21 employers and 21 exhibitors. More than 50 people found work as a direct result of attending.

Estate Community Event – Saturday 23 March

Peabody and the Residents Association have organised a community event for everyone living on our estate on Saturday 23rd March between 1pm – 4pm.

Some activities include:

Steel band

Bouncy castle & face painting

Nail treatment

Massage

Jobs / training advice / guidance from Peabody’s Employment and Youth Service

Repairs desk

Prize draws

plus many more activities…………………………………….

Free food and drink will also be available – we look forward to seeing you there!

Free DIY Workshop – Saturday 16th March in the Tenants Hall

Join Peabody HA and repairs contractor Axis to discuss DIY, Health & Safety and some of the tools that would be required to carry out general DIY:

Changing of lamps in fluorescent strips and bulkhead fittings

Mould wash & tackling condensation

Basics of painting and decorating

How to renew a toilet seat

How to erect shelves and blinds

 

Refreshments will be provided. Book your place as spaces are limited.

Call Sophie Broadwell on 0207 255 4100 Sophie.Broadwell@Peabody.org.uk

 

 

 

 

 

 

Affordable Rents…continuing worries

Sent to us by our friends in Victoria Park Residents Association…………………….

The rising levels of rent faced by tenants continues to be a major worry. The debate about affordable rents in London generally is a recurring topic in the media at the moment. In February in the London Evening Standard a Peabody tenant had a letter published highlighting the problems he and his wife face with two consecutive years of 9% rise and, having been told by Peabody that this is likely to be the situation for at least the next five years, they face a situation where their rent payments will become 80% of their income as nurses.

One view that has been expressed in discussions on the topic of affordable rents is that housing associations, rather than operate as purely social landlords, have become increasingly involved in property development and land speculation. They have also been moving increasingly towards market rents, thereby contributing to the lack of affordable rented property in the capital.

Last February “24 Housing Magazine” wrote “… over on the social side of the housing divide, a number of housing associations are looking to diversify into market renting or expand their existing operations. Affinity Sutton, Circle, Genesis, Network, Notting Hill and Peabody have all joined the private trade body, the British Property Federation (BPF). Membership brings with it the chance to network with big institutional investors and learn from the private sector.”

The Residents’ Associations of the four estates that were purchased from Crown by Peabody will have to mobilise to impress upon Peabody that such a situation is not only unacceptable but is untenable if Peabody are genuine in their stated aims of keeping the estates affordable for London key workers and people on fixed incomes.

Naturally enough, there is an anger building among some tenants who are beginning to ask how they can begin to fight back and what their Associations are planning to do to campaign against the continual rises.

One thing is certain, the feeling of relief when following our vigorous campaign against Crown Estate’s sell off of the estates, Peabody emerged as our new landlords is looking somewhat misplaced.

The Peabody Trust was founded in 1862 by an Act of Parliament. The Trust was bequeathed a large sum of money for its day by American financier, George W. Peabody, for the alleviation of poverty in London. The notion of growth did not figure in the original intentions of The Trust, but like so many other charities, it came to regard itself as a major player in the marketplace.

We need to take every opportunity to remind Peabody of its original core beliefs while also impressing upon them that aligning themselves with corporate landlords is at odds with the statement made on their website in a response last year to the coalition government’s “Communities and Local Government’s (CLG) proposals” where they said “Peabody only operates in London and we are very concerned about the impact of the Government’s proposals on people on low incomes in the capital, particularly given the high market rents in some parts of central London. We need to provide more housing in central London at rents related to what people can afford…”.

We hope that we begin to see that this is indeed the central core of their policies on keeping homes affordable to key workers and people on minimum wage and fixed incomes.