Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, April 27
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Being a private landlord in Britain no longer makes financial sense, says Zoopla boss
    Property

    Being a private landlord in Britain no longer makes financial sense, says Zoopla boss

    July 27, 20242 Mins Read


    In terms of potentially reforming the mortgage market, Mr Bryant said banks should open up lending to more first-time buyers by using their rental payment histories as a way of assessing affordability.

    “Could we take a lesson from some of the other geographies worldwide and be more aggressive on lending? Certainly loan-to-value lending is a lot higher in other geographies than it is in the UK,” he said.

    “In the Netherlands, average LTVs for first-time buyers are above 100pc because they look at the borrower as much as they look at the collateral. I think we could certainly take a leaf out of that.”

    Crucially, he believes Britain also needs to reform the purchasing process, as too often buyers are caught by housing chains collapsing.

    “We have this peculiarly English thing about chains and everyone pulling out at the last minute, which can then collapse five other purchases,” said Mr Bryant.

    “The costs associated with that – productivity, emotion, stress – are huge.” 

    This degree of uncertainty can be a crucial factor in deterring sales, he added, particularly for larger corporate buyers. 

    To streamline Britain’s “crazy” buying process, which involves buyers and sellers having to pay large fees to surveyors and mortgage brokers, he recommends a two-pronged approach. 

    Not only should the Government introduce rules to shorten transaction periods but it should also broaden access to Land Registry data. 

    Mr Bryant said this would allow everyone involved to see information about a property’s history, including any hidden service charges. 

    Having been drafted in as chief executive of Houseful since 2018, Mr Bryant has run the company under the ownership of US private equity firm Silver Lake Partners. Six years into their tenure, Mr Bryant insists there are no plans to sell. 

    “Increasingly, for large, growth-oriented private equity firms, they are significantly more focused on how to drive the greatest level of longer term growth,” he said. “For us personally, we have no specific immediate plans.”

    What is more pressing for Mr Bryant now is the prospect of new wealth taxes under Labour, as Chancellor Rachel Reeves seeks to raise around £10bn to rebuild public services. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTech turbulence and a rate cut helped utilities. Will more rate cuts do the same?
    Next Article Bitcoin vs. Ethereum—Who’s Winning the ETF Battle?

    Related Posts

    Property

    HMRC ramps up property valuation challenges in inheritance tax crackdown

    April 25, 2026
    Property

    HMRC cracks down on property valuations in IHT returns

    April 24, 2026
    Property

    UK property sales down 6.7% year-on-year amid overvaluing

    April 23, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Ethereum Price Prediction: Crypto CEO Claims Satoshi’s Return Is Near – Could ETH Flip Bitcoin First?

    September 9, 2025
    Stock Market

    London shares edge lower as mining, bank stocks weigh

    June 3, 2025
    Stock Market

    Is high equity-market concentration a reason to turn defensive

    July 25, 2024
    What's Hot

    EHV Tower Failures: Govt Asks Utilities for Maintenance: Rediff Moneynews

    October 21, 2025

    Wales & West Utilities has finished Gloucester pipe upgrade

    March 25, 2026

    Motherwell emerges as UK’s property hotspot – Daily Business

    January 12, 2026
    Most Popular

    NYSE Arca dépose une demande pour la cotation de l’ETF Bitcoin Truth Social

    June 3, 2025

    Why Is Bitcoin Price Down Today; Solana Latest News As ETF Approval On The Horizon For 2026

    September 7, 2025

    Arthur Hayes Makes Shocking Bitcoin Prediction For Year-End

    November 28, 2025
    Editor's Picks

    Bitcoin trades sideways amid rising exchange inflows

    April 16, 2026

    Bitcoin price BTC USD new all-time high outlook: Bitcoin price rally outlook 2026: Why Bitwise predicts BTC USD will hit new all-time highs and end of the four-year cycle

    December 16, 2025

    Stories of High-Quality Development | Digital finance eases access to medical care

    November 28, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.