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

Lack of Supply Keeps Upward Pressure on Rents

More ‘affordable’ areas see rents rise two times faster than the national average    Rents are rising 5% on average in more affordable areas where rents are below £750pcm – over twice the national average of 2.1% Regionally, Carlisle (+9.1%), Kilmarnock (+9%) and Halifax (+6.5%) are among the fastest-rising markets where rents are rising quickly…
Read More
Rightmove logo
Breaking News

First-time buyer price hotspots revealed

New analysis from the UK’s largest property platform Rightmove, reveals where first-time buyer prices are rising fastest across Great Britain Bridlington in East Riding of Yorkshire (£167,321) and St Helens in Merseyside (£133,106) lead the way, with average asking prices up 18% compared to last year Falkirk (+17% to £118,327) and Hartlepool (+12% to £104,76)…
Read More
Breaking News

Summer set to bring seasonal spike in homeseller activity

The latest analysis by Foxtons has revealed that while autumn is traditionally the busiest time of year for the property market, summer is the ideal time for homeowners to get their property ready and listed if they want to take advantage of the heightened buyer activity still to come in 2026. Foxtons analysed government property transaction…
Read More
Breaking News

World’s Football Stadiums Occupy Incredibly Valuable Real Estate

The latest research from LandSale, the property portal dedicated to land and rural property, has revealed which nations competing at the 2026 FIFA World Cup are sitting on the most valuable home turf, based on current land values surrounding their national stadiums. LandSale analysed the primary home stadium used by each national team and applied…
Read More
Breaking News

One in five landlords don’t trust letting agents

The latest research by The Letting Partnership has found that almost one in five landlords do not trust letting agents to correctly handle rental income and tenancy deposits, whilst a lack of visibility around compliance standards is preventing many agents from building greater confidence with their clients. The Letting Partnership surveyed 890 landlords across England…
Read More
Breaking News

Rental price and average salary tracker – May 2026

Scottish Rent Surge Drives Regional Growth as Affordability Pressures Persist Across UK Scotland recorded the strongest monthly rental growth of any UK region, with average rents rising from £1,167 in April to £1,257 in May (+7.7%), pushing the typical salary required to secure a home to £37,710. London average monthly costs increased from £2,259 to…
Read More