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
What to know when buying land
The closure of UK Land & Farms (UKLAF) has left a significant gap in the UK’s specialist land market with buyers and sellers now forced to adapt after 18 years of relying on UKLAF as the cornerstone of the industry. As interest in land continues to grow, the company says the closure also serves as…
Read More 
Tenant demand strong, landlord supply shrinking
New RICS data shows tenant demand at its strongest in over a year – while landlord supply keeps shrinking. That’s not bad luck. It’s a trust problem, and it’s fixable. “These numbers should be good news for landlords. Demand is the strongest it’s been in over a year. Instead, they are deciding to head for…
Read More 
Why Join a Letting Agents Association?
Why Every Letting Agent Should Join a Professional Body The lettings industry continues to evolve, with new legislation, increasing compliance requirements and higher expectations from landlords and tenants alike. For letting agents, staying informed and operating to recognised professional standards has never been more important. Joining a letting agents association provides far more than a membership…
Read More 
House price growth remained subdued in July
UK annual house price growth slowed to 1.8% in July, from 2.2% in June House prices were up 0.1% month on month Average time in a home is 14 years: 24 years for those owning outright and 5 years in private rented sector Three quarters of moves were within same tenure type in 2024/25 Headlines…
Read More 
Rent hikes and tighter tenant checks as landlord costs climb
Rising costs are prompting 63% of professional landlords to raise rents, prioritise lower-risk tenants and reassess portfolios Renters face a more expensive and more selective rental market as professional property investors respond to re-emergence of realistic gilt yields, rising operating costs and regulatory change by increasing rents and reassessing tenant risk and selection criteria, according…
Read More 
North-South divide for time to move as Londoners see longest wait
New analysis reveals a north-south divide in the time it takes to move home: In London it takes 174 days on average to go from agreeing a sale to completing a move, whereas it takes 141 days in the North East Scotland is the fastest part of Great Britain at 98 days, due to the…
Read More