Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, May 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

    Housing Applications Surge as Commercial Property Investment Slows Across the UK

    May 26, 2026
    Property

    Labour leadership race raises property tax concerns

    May 25, 2026
    Property

    Cyprus emerges as new Med property investment hotspot

    May 25, 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

    Bitcoin ETF Flows Rise As Gold Demand Cools: What’s Next for BTC?

    March 9, 2026
    Bitcoin

    Bitcoin (BTC) Price Retreats to $70K as Geopolitical Tensions and Failed Rally Spark Concerns

    March 5, 2026
    Property

    Owners of home made famous in Twilight movies rake in $140K a year by renting property to obsessed fans

    June 29, 2025
    What's Hot

    Clash Trump-Musk : le président américain promet de ” très graves conséquences” si son ex-très proche conseiller finance les démocrates

    June 7, 2025

    Asian stocks: Asian stocks rebound as jobs data calms market jitters: Markets wrap

    August 9, 2024

    Bitcoin Downturn Has Failed To Dampen Investor Confidence, According to Analytics Platform Glassnode – But There’s a Catch

    August 23, 2025
    Most Popular

    Bitcoin 2026 forecast: post-halving setup or cycle peak?

    December 23, 2025

    Bitcoin (BTC) Prédiction des prix pour le 17 mai

    May 16, 2025

    3 Altcoins Eyeing Rebounds With Key Resistance Zones in Sight

    April 28, 2026
    Editor's Picks

    US stocks tick higher as traders await Fed minutes and jobs data

    August 21, 2024

    Bitcoin fait face à l’incertitude alors qu’une récession se profile et que les discussions entre les États-Unis et la Chine commencent

    May 2, 2025

    Les actions d’Urban Logistics progressent alors que LondonMetric Property prévoit d’acquérir la société

    May 9, 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.