London Mayoral elections in May

The EU referendum planned for the 23rd June is really taking the limelight at present what with David Cameron pushing for “remain” since his return  from Brussels In February, Boris Johnson putting his weight behind the “leave” campaign, the resignation of John Longworth Head of The British Chambers of Commerce following his fallout over “Brexit” and only just yesterday we had the “Eurosceptics” attack on Mark  Carney Governor of the Bank of England for his pro EU comments in the Brexit debate.

There is another important vote taking place before the EU refrendum and that is on the 5th May when Londoners will elect a new Mayor and the 25 members of the London Assembly.

Liberal Democrat London Mayoral candidate Caroline Pidgeon is putting forward some worthwhile policies which deal with some of the problems facing the large population of “private renters” in London.

Ms Pidgeon said in a recent report that she would encourage landlords to offer longer tenancies if elected,  she hoped this would provide renters with both stability and protection from rent hikes, looking to increase them from the present 6 months to up to 5 years.

The LibDem hopeful has also pledged to build 200,000 new homes to increase supply and “push down” rents, last month she outlined proposalsto give tenants first refusal on buying their home should the landlord decide to sell it during their tenancy.

In a recent visit to an affordable housing development site Ms Pidgeon was reported as saying: “By making sure rogue landlords are prosecuted, enforcing housing standards and promoting longer tenancies of 3 to 5 years to give tenants security we can make an real impact on improving the lives of people who choose to rent.”

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Autumn Budget 2026: Property industry reaction

Following today’s Autumn Budget, reaction from property industry experts on six key areas for the property market. First-time buyer support: The £4.7bn Your First Home equity loan scheme, supporting 70,000 buyers, alongside the introduction of a new First Time Buyer ISA. Inflation and borrowing costs: The extension of the fuel duty freeze, household energy support…
Read More →
Breaking News

Can you legally BAN Halloween Trick or Treaters?

People who dread the annual knock of trick-or-treaters may have more power to keep Halloween callers away than they realise. As millions of children prepare to take to the streets on October 31, a property law expert has explained what homeowners can do if they do not want strangers walking up their path or knocking…
Read More →
Estate Agent Talk

What the sector need to do differently to give first time buyers a chance

By Peter Hawley, Director, SOWN (part of LRG) The mortgage and property sector needs to stop assuming that younger buyers are either ready to buy outright or not ready at all. For many, the reality is somewhere in between. They may have stable employment, a deposit and a strong desire to own, but still find…
Read More →
Letting Agent Talk

The 50-property tipping point: when landlords need a different approach

By Adam Hills, Client Services Director, LRG Living Markets A sizeable residential property portfolio can create significant opportunities for long-term income and capital growth. But as it expands, so does the complexity of managing it effectively. For landlords with 50 or more properties, the challenge extends well beyond finding tenants or collecting rent to communication,…
Read More →
Estate Agent Talk

Home is where the stress is

Couples find first-time buying more anxiety-inducing than buying solo First-time buying: Anxiety doubles when finding a home with your partner! Stress and anxiety significantly increase when buying a first home with your partner compared to flying solo The likes of searching for a property, applying for mortgages and progressing through the legalities are all significantly…
Read More →
Breaking News

Breaking Property News 28/10/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   If Zoopla is for sale, then so are you Thought leadership by Olivier Jauniaux Founder of NestLink On 14 August, Providence Equity Partners announced it had agreed to acquire Hometrack from ZPG. Bloomberg confirmed the seller the same day. Terms were not disclosed, though Real Deals, citing…
Read More →