Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, October 1
    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 defence growth drives demand in domestic property market

    October 1, 2026
    Property

    UK property tycoon left £100m estate; daughter was named 80%, but his son challenged his will, and the High Court later upheld an earlier version | World News

    September 30, 2026
    Property

    Knights and Dains help Swedish group Audria crack the UK property market

    September 30, 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

    Les gestionnaires des meilleurs actifs ont réduit les Holdings de Bitcoin ETF Spot de 40% après la baisse des prix du premier trimestre

    May 16, 2025
    Bitcoin

    Bitcoin Swift Stage 6 Presale Nears Close With Over $1 Million Sold and PoY Rewards Distributed

    August 20, 2025
    Finance

    Finance professionals grapple with payments fraud

    August 13, 2024
    What's Hot

    Around $426.995 mln food commodities exported in July 2025

    August 22, 2025

    Bitcoin price news: BTC completes rebound from Feb. 5 crash

    April 14, 2026

    Abraxas Capital achète pour 250 millions de dollars de Bitcoin avant Pâques

    April 20, 2025
    Most Popular

    Kainos shares surges nearly 22% as strong demand lifts full-year outlook By Investing.com

    August 18, 2026

    Are BTC’s current levels undervalued?

    November 20, 2025

    HK Asia Holdings augmente ses avoirs en Bitcoin après une augmentation de 1 700 % de son action

    February 24, 2025
    Editor's Picks

    Iran Pressure and US PCE Inflation Takes Bitcoin to Lowest Since Mid-April

    May 28, 2026

    What we know about ongoing Coldcard hack that’s stolen over $100M worth of bitcoin

    August 4, 2026

    Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

    May 9, 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.