Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, August 24
    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

    Chinese property king Hui Ka Yan sentenced to life in prison

    August 22, 2026
    Property

    China moves to wrap up saga of troubled property giant Evergrande | World News

    August 21, 2026
    Property

    China moves to wrap up saga of troubled property giant Evergrande after founder gets life sentence

    August 21, 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

    Tableau de la semaine: Bitcoin’s Summer Lull offre toujours une opportunité de trading «peu coûteuse»

    June 15, 2025
    Commodities

    Cocoa Drops as Demand Worries Overshadow Tight Supplies

    February 21, 2025
    Investing

    Portugal stocks higher at close of trade; PSI up 0.44% By Investing.com

    July 29, 2024
    What's Hot

    S&P 500 Faces a Yield Problem as the 10-Year Pushes Above 4.6%

    August 13, 2026

    Bitcoin Price Today: BTC Drops to $59.7K Amid Market Volatility

    June 26, 2026

    Stock Market Today: Dow flat, S&P 500 climbs after most turbulent week of 2024

    August 12, 2024
    Most Popular

    interest rates to remain unchanged amid political uncertainty By Investing.com

    October 30, 2024

    Bourse de Milan : progression malgré les incertitudes sur les droits de douane, bonnes performances du secteur pétrolier et des utilities

    May 30, 2025

    This Is the Average Electric Bill in Pennsylvania (and How to Save)

    August 26, 2024
    Editor's Picks

    This Is What $1,000 Invested in Bitcoin During Its Last Bear Market Is Worth Today

    April 16, 2026

    Bitwise lists four crypto ETPs on London Stock Exchange

    April 16, 2025

    Stock Market Today | Dow Jones | Nasdaq Live: 30-year US Treasury yields rises to highest since 2007; US stocks trade lower

    May 19, 2026
    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.