London Mayor’s scheme for private landlords
March 27, 2015
A scheme which was originally launched by Boris Johnson in late May of last year has not progressed as expected, in fact Labour’s London Assembly Housing Spokesperson is quoted as saying it will take 103 years to complete.
The London Mayor’s plan was to get 100,000 private landlords to sign up to a minimum standards register, this target was expected at the time to be reached by May 2016, unfortunately since a short while after the launch it has been reported that only 627 Landlords have been added.
The mayor’s scheme sets minimum standards for landlords and with more than two million Londoners now living in private rented housing it would appear that the scheme is failing to live up to predictions, a good idea nevertheless.
You May Also Enjoy
Non-standard home insurance cover and how to get it right
Leading insurer provides the low-down on non-standard home insurance cover and how to get it right Most home insurance policies in the UK are designed for ‘standard’ homes, but not every home is considered standard. Whether the property is built with timber frames, has a flat roof or is a listed building, it may fall…
Read More 
Should you change mortgage lender?
The latest research from award-winning mortgage adviser, Alexander Hall, has revealed that more than half of homeowners approaching the end of a fixed-rate mortgage are currently undecided on their future with their mortgage lender, despite notable improvements across the mortgage market over the last 12 months. The consumer insight, commissioned by Alexander Hall, surveyed 1,035…
Read More 
Property chains cost movers £2,000 in unexpected costs
Property ‘chain reactions’ add over £2k to moving costs on average Nearly half of home buyers who have been in property chains say they experienced delays or transaction breakdown because of related issues Problems with chains have led three in 10 to put off future moves, while one in seven say they’d only consider a…
Read More 
Rental demand remains resilient in 2026
The latest research from Benham and Reeves has found that around a quarter of all rental homes currently listed across Britain have already secured a tenant, highlighting continued underlying demand despite ongoing regulatory uncertainty. Benham and Reeves analysed current rental market listings to highlight current rental demand, the size of rental properties currently most in-demand…
Read More 
Buy-to-let lending growth matches FTBs and homemovers
The latest market analysis from Alexander Hall has revealed that buy-to-let mortgage lending has grown at an average quarterly rate of 7% over the last year, matching the pace of growth seen across both first-time buyer and home movers, as improving mortgage market conditions continue to support borrowing demand for rental properties. Alexander Hall analysed…
Read More 
Prices stand still in February but still strongest start to a year for prices since 2020
The average price of newly listed homes for sale is virtually flat in February , down by just £12 (-0.0%) to £368,019 Despite the standstill in prices in February, January’s record asking price increase for the time of year means that it is still the strongest start to a year for asking prices since 2020,…
Read More