BUY2LET.COM CALLS FOR AST REGISTER TO ROOT OUT ROGUES & QUANTIFY THE MARKET

November 17, 2015

Buy2Let.com has launched an online petition via the UK Parliament portal, calling for a national register of buy-to-let private rental properties. Just as owner-occupier property transactions are recorded and analysed via the Land Registry, we are campaigning for a register of transactions by buy-to-let investors, to help quantify the market and root out the rogue landlords.

Despite recent attempts by Government and The Bank of England to stifle the buy-to-let sector, the acute shortage of homes and increasing house prices means that the private rental sector continues to pick up the slack.

We frequently see reports and statistics on the owner-occupier market, but the lack of reliable, comprehensive data on the private rental and buy-to-let sector means no-one – including politicians, mortgage lenders and estate agents –  has a clear picture of what is happening in the market. In much the same way as a mortgage charge is registered on traditional house sales, we think there should be a similar requirement for buy-to-let purchases.

The buy-to-let sector generates over £100bn in transactions every year, so it’s vital that we capture the true scale of this important market, and at the same time, use the data gathered to identify and stamp out malpractice and rogue landlords.”

Buy2Let.com is the first portal of its kind to list genuine buy-to-let properties for sale, allowing investors to search and compare properties – which are categorised as vacant, tenanted, and HMOs  – by annual yield; something which current owner-occupier property portals cannot offer.

To view and sign the AST Register Petition, visit: http://bit.ly/ASTPetition

You May Also Enjoy

Estate Agent Talk

London basements boost value by up to 20%

The latest market analysis by prime London property brokerage, Jefferies London, reveals that London homebuyers who want to secure a property with a basement face a tough task. Not only do these much sought-after spaces increase a property’s value by up to 20%, but they’re also incredibly rare, found in only 2% of the capital’s…
Read More →
Breaking News

Bailey applies the brakes but ‘two more 2026 cuts priced in’

Vote to hold rates ‘closer than expected’ as Bank of England eyes April for 2% inflation target Focus turns to US and Japan in impact they play on shape of global investment flows says Rathbones’ Head of Market Analysis Kirsten Pettigrew, Senior Financial Planner, warns of making financial decisions based on speculation around rate trajectories…
Read More →
bank of england interest rate
Breaking News

Bank of England to hold interest rates at 3.75%

Following the Bank of England’s decision to hold interest rates at 3.75%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert says: “Today’s Bank Rate hold was widely expected given underlying inflation and wage growth data, and it’s currently likely we’ll see the next Bank Rate cut in June. Average mortgage rates…
Read More →
Breaking News

Building Safety Approval Process Urgently Needs Fixing

Bradley Lay, a Leading Construction M&A Expert Calls on Government to Urgently Fix Building Safety Approval Process as Insolvencies Surge A leading UK construction expert has called on the Government to urgently reassess the Building Safety Regulator (BSR) approval process, warning that delays in the current system are “slowly killing the economy”, triggering thousands of…
Read More →
Breaking News

Kickstarting Private Housebuilding is Key to Sector-Wide Recovery

Starts on-site decline by 9% during the three months to January 2026, remaining 16% below 2025 levels Residential construction starts fell by 24% on the preceding three months and 32% against 2025 figures Non-residential project-starts increased by 6% against the preceding three months, finishing 7% up on a year ago Civils work starting on-site remained…
Read More →
Social Housing 2019
Estate Agent Talk

Building the Wrong Homes Won’t Fix Homeownership

For many years, the national discussion about affordable housing has focused on one appealing idea that simply building more houses will make it easier for first-time buyers to own a home, and the issue will fix itself. However, Propertymark’s member agents, working daily in local housing markets across the UK, see a far more complex…
Read More →