Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, September 18
    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

    UK Property Market Insights and Trends Revealed

    September 17, 2026
    Property

    Evergrande’s Market Exit And The Future Of China’s Real Estate Market – Analysis

    September 16, 2026
    Property

    UK Forbes appoints managing director

    September 15, 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 on the Brink of Bottoming Out Against Bitcoin, According to Benjamin Cowen – Here Are His Targets

    October 18, 2024
    Bitcoin

    BTC Price Reclaims $71,000 as Iran War De-Escalation Hopes Lift Crypto Market

    March 10, 2026
    Property

    Property group behind redevelopment of Bristol Zoo Gardens site reports record turnover

    March 11, 2025
    What's Hot

    Le cours du Bitcoin plonge lui aussi après les annonces de Trump

    February 3, 2025

    S&P 500 Index: Stock Market Drops as Oil Spike, Hot PPI Pressure Fed Outlook

    March 18, 2026

    U.S. stock market treads on risky greed: Fear & Greed Index in dangerous territory By Investing.com

    June 6, 2023
    Most Popular

    Bitcoin ETFs Lose $4.4B as Outflows Hit 13-Day Record Run

    June 4, 2026

    Capital Group Grows Bitcoin Bet to $6B Through Treasury Stock Surge

    September 14, 2025

    BlackRock Gives Choice To Clients Investing In A Low-Carbon Transition

    July 19, 2024
    Editor's Picks

    The world needs a new global deal on climate and development finance

    July 18, 2024

    A look at Nvidia’s latest results and its prominence in the stock market, by the numbers

    August 27, 2025

    As a property slump drags on, China’s economy looks more resilient than it feels

    December 29, 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.