House builders shares drop

April 28, 2015

Some of the biggest names in UK housebuilding took a hit Monday on the stockmarket as Labour’s plans to impose tighter rules on landlords emerged.

This drop in housebuilding stocks comes as no surprise, we already have the Labour party threatening a Mansion Tax and the abolishion of Non Dom Staus, now rent caps and what it appears a witch hunt on private landlords. The signals being sent out by Ed Miliband are that of someone who would appear to be in a total state of panic, we are getting policy after policy being promised  but there does not appear to be any rhyme or reason to them.

The private rental sector is ever growing as people increasingly are forced out from owning their own home due to affordability, home ownership has fallen to its lowest level for 30 years, more controls on the private rental market will only add to reducing the availability of rented accomodation.

Conservative housing minister Brandon Lewis was quoted as saying: “Rent controls never work – they force up rents and destroy investment in housing leading to fewer homes to rent and poorer quality accommodation.”

 

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

Nationwide extends six times lending to home movers and remortgage

Nationwide enhances support for people looking to move up the property ladder or get a new mortgage deal Five-fold increase in Nationwide loans to first-time buyers at or above 5.5x income in 2025, compared to 2024 Increased first-time buyer support follows regulatory changes to improve affordability Nationwide is today announcing a major boost to the…
Read More →
Breaking News

UK Finance Buy-to-Let Mortgage Market Update

UK Finance today releases its buy-to-let (BTL) mortgage market update for Q3 2025, looking at trends in lending to borrowers accessing the market. In Q3 2025 there were 59,467 new buy-to-let loans advanced in the UK, worth £10.9 billion. This was up quite significantly compared with the same quarter in the previous year, 22.7 per…
Read More →
Breaking News

ONS Private Rent and House Prices Index

Average UK monthly private rents increased by 4.0%, to £1,368, in the 12 months to December 2025 (provisional estimate); this annual growth rate is down from 4.4% in the 12 months to November 2025. Average rents increased to £1,424 (3.9%) in England, £822 (5.7%) in Wales, and £1,018 (2.8%) in Scotland, in the 12 months…
Read More →
Breaking News

UK House Price Index November 2025

The latest index shows that: The average monthly rate of house price growth in November was +0.3%. Average UK house price annual inflation was 2.5% in the 12 months to November 2025, up from the revised estimate of 1.9% in the 12 months to October 2025. As a result, the average UK house price currently…
Read More →
Breaking News

Industry Comment on UK inflation rising to 3.4%

UK inflation rises for the first time in 5 months. Industry reactions on UK inflation rising to 3.4% Nathan Emerson, CEO of Propertymark: “To witness inflation creep back upwards again will no doubt be disappointing for many consumers who will have been hoping to see a drop as we move further into the first quarter…
Read More →
Breaking News

Property supply sees strong recovery easing competition and aiding landlords

Average applicant budgets reached £553 per week, 2% higher than in 2024. Renter spend in December remained relatively consistent with November, with only a 1% decrease in the proportion of their budget that renters spend to secure a home. Market competitiveness in December saw an improvement, with an increase by almost 20% comparing December to…
Read More →