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

London rents outperform property values

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that rental growth has outperformed house price growth across 26 of London’s 32 boroughs since the start of the year, with rents continuing to climb despite weaker property price performance across much of the capital. Benham and Reeves analysed the average…
Read More →
Breaking News

Rental property availability falls

The number of rental properties available across England fell by 12.1% during the third quarter of 2026, according to new analysis by Dwelly, highlighting an increasingly competitive rental market in many parts of the country. Dwelly is one of the UK’s largest rental property management groups, with more than 15,000 properties under management. The firm’s…
Read More →
Breaking News

Average advertised rents surpass £1,400 for the first time

The average advertised rent of homes outside London has risen to a new record of £1,418 per calendar month, up 1.5% this quarter: Despite a new record rent, annual rental growth has returned to a more stable level of +2.4% Number of available rental homes nationally is 2% lower than a year ago, while renter…
Read More →
Breaking News

Barclays unlocks wider mortgage access for company directors

Limited company directors who meet the income threshold can now have their Profit After Tax (PAT) considered in their affordability assessment regardless of property value The change means that, for a wider group of limited company directors, Barclays will consider a fuller view of the applicant’s income The update is the latest in a series…
Read More →
Breaking News

Homebuyer demand fall in Q3

The latest sales demand data from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q3 2026. The analysis shows that just five counties managed positive growth during the quarter, suggesting that buyers may be holding back, adopting a wait-and-see approach ahead of what promises to be a vital Autumn Budget –…
Read More →
Estate Agent Talk

Alterations can change a property’s rebuild cost

‘Don’t get caught short’ warning to homeowners from valuations experts – alterations can change a property’s rebuild cost Properties change over time. Homeowners may add an extension, upgrade a kitchen or bathroom, alter the layout, or even change how the building is used, but when do those changes mean it’s time for a new rebuild…
Read More →