Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, September 14
    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

    China’s property overhaul strains local government land sale income

    September 13, 2026
    Property

    Property Insurance: Coverage Explained for Homeowners and Renters

    September 10, 2026
    Property

    Property Franchise Group: Firm behind Yorkshire-founded Hunters hails record first half despite ‘subdued market’

    September 9, 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 fait face à 70% de cotes d’une autre baisse alors que le tarif d’avril craint les marchés de secouer, dit Nansen

    March 28, 2025
    Bitcoin

    Bitcoin Bull Run Signals Emerge, But Key Resistance Level Remains Unbroken

    May 5, 2026
    Property

    Factory output impresses, but consumption weakens in China

    May 19, 2025
    What's Hot

    Gold clings to record high on growing US rate-cut bets

    July 18, 2024

    EU finance ministers wrestle with €140bn Ukraine loan as other options fizzle

    November 12, 2025

    Rhode Island Reintroduces Bitcoin Tax Exemption Bill

    January 14, 2026
    Most Popular

    Dotcom Lessons Return: Why Low-Beta, High-Quality Stocks May Shine Again

    August 9, 2025

    Stock Market LIVE: GIFT Nifty signals gap-up open; Asia markets jump on US-Iran war de-escalation | Markets News

    March 23, 2026

    Labor Department Proposal Could Open 401(k)s To Bitcoin And Alternative Assets

    March 30, 2026
    Editor's Picks

    United Utilities hosting Walney Island drop-in session

    January 5, 2026

    Only 3% of fines collected over non-disclosure of UK property

    April 13, 2025

    Stocks Rise After Supreme Court Strikes Down Tariffs; Nasdaq Snaps 5-Week Losing Streak

    February 20, 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.