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TODAY'S OTHER NEWS

Get Living London joins ARLA

Get Living London has become the first Institutional Investor backed organisation to become a Licensed Member of the Association of Residential Letting Agents (ARLA).

The move is designed to demonstrate both ARLA’s and Get Living London’s commitment to providing a professional service for everyone in the lettings industry.

“We’re thrilled that Get Living London has joined ARLA membership,” said David Cox, managing director, ARLA. “The build to rent sector is widely seen by the industry and government to be one of the solutions in addressing the UK’s housing supply shortfall. Becoming ARLA Licensed agents has allowed Get Living London to join forces with the wider sector to raise standards and boost consumer confidence in renting.”

Get Living London, which now lets and manages more than 1,400 properties at East Village, the former London 2012 Athletes’ Village on the doorstep of Queen Elizabeth Olympic Park, is backed by Qatari Diar Real Estate Investment Company, Delancey’s flagship client fund, DV4, and the Dutch pension fund asset manager, APG.

The organisation, which has developed a revolutionary model for rental housing, also has more than 1,000 new rental homes under construction within further phases of East Village and the first phase of the Elephant and Castle Town Centre redevelopment, London SE1. 

Neil Young, Chief Executive, Get Living London, said: “It is great news for the industry that ARLA is recognising us and other institutionally-backed rental organisations as a new kind of landlord. We were the first to rent at scale from the end of 2013, with 1,439 homes at East Village E20, and see great value in working together with ARLA to create a good-quality, professionally-managed private rented sector.

“We at Get Living London pride ourselves in making renting better for Londoners and are redefining the way that people think about, and experience, renting and living in cities. We give our residents security and flexibility, and prize amazing service and long-term customer satisfaction over short-term returns. We hope that it is this approach, in collaboration with partners like ARLA, which will see renting viewed as a positive choice across the UK.” 

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    Is this website owned by Get Living.... ? All very jolly about the company and how they are scrapping deposits, allowing 3 year tenancies etc etc - not a normal individual regular landlord so stop harping on about how they don't need to do the normal things that we do - probably got someone in the Government in their pocket giving them lots of concessions because they are building so many Build to Let properties. Unlike those of us with terraced properties who have been banned from letting out a single room which tenants were happy to pay a reduced rent for because they are now 0.3sq m too small to be suitable for an adult - they will now be in the fortunate position to build the rooms to exactly the size that the new legislation says - (wouldn't it be amusing if the Government then increased the size by a further 0.3sp m and some of their rooms were too small?).

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    On Companies House - Get Living also have 16 companies registered - there must be some tax breaks and grants going on somewhere...? Oh yes, they took over the former Olympic village which was built by the tax payer....

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    And it appears to be run by a Qatar company called Qatari Diar I believe... will they be paying UK taxes? or will a lot of 'management costs' be offset against taxes - do let's keep a check on where the £3200 a month rent some of their properties cost goes.

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    Managing Director of QATARI DIAR Real Estate Investment Company, Ghanim Bin Saad Al Saad and H.E. Sheikh Hamad Bin Jassim Bin Jabor Al Thani, Prime Minister and Minister of Foreign Affairs who is also QATARI DIAR's Chairman

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    Qatari Diar owns several projects in the Egyptian market. The Qatar-based firm had only executed St Regis Cairo projects.

    The Qatari real estate developer is still in legal conflicts with the New Urban Communities Authority over City Gate project located in New Cairo and 300,000-metre projects in Sharm El-Sheikh.

    The two businessmen had started negotiations with Qatari Diar last December, but they were put on hold over the past period as a firm affiliated to an Egyptian sovereign body was interested in buying the Qatari company’s assets, mainly City Gate, sources told Shorouk News.

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