LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Landlord wins praise for offering ‘only locals’ affordable property in town – LandlordZONE

Mark Helprin by Mark Helprin
August 8, 2023
in Real Estate
Landlord wins praise for offering ‘only locals’ affordable property in town – LandlordZONE
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

You might also like

Property market showing signs of resilience amid mortgage rate rises – London Wallet

Fast-growing agency enters London market with third acquisition of year – London Wallet

Knight Frank targets growth with self-employed affiliate estate agency model – London Wallet

A landlord in the Kent seaside town of Whitstable has won plaudits after deciding to rent her rental property to local people, it has been reported.

Trish Neaves (main picture, inset), who has operated within the town as a landlord for 20 years, says she resisted her letting agents’ advice to convert the flat into an airbnb and has instead decided to rent it for £200 a month less than its market value of £1,300 and restrict applicants to those who hail from the area.

60-year-old Neaves, who is a barrister, told local newspaper the Kent Messenger that while the influx of London second home buyers and Airbnb renters in recent years to the fashionable hotspot had been good for local tourism businesses, it has made affordable rented homes scarce for locals.

“I went to lunch with a friend and her whole family has lived in Whitstable for years and she told me her children found it hard as the properties they would have rented are all Airbnbs or second homes,” she told the paper.#

“It seemed to me, as I have properties in Whitstable, it was important local people had the chance.

“I am conscious that this cost-of-living crisis has made a big difference to people, and if it’s a rent that I’m satisfied with and can help people, then I’m happy to do it.”

Neaves has gone much further than the Government, or local councils, have ever dared to go.

So far just Scotland and a handful of tourist town boroughs in England and Wales have raised council tax for second homes and Airbnbs, while the national Government only recently launched a consultation on proposals to bring in a national register of short-term lets and enable councils to use planning laws to stop landlords switching to Airbnbs.

Pic credit: Getty/Trish Neaves

Subscribe here for the latest landlord news and receive tips from industry experts:

[ad_2]

Source link

Share30Tweet19
Previous Post

It’s surprising ‘how many savers forget about inflation’ and should switch to higher interest accounts

Next Post

Brazilian CBDC gets official name and logo

Mark Helprin

Mark Helprin

Recommended For You

Property market showing signs of resilience amid mortgage rate rises – London Wallet
Real Estate

Property market showing signs of resilience amid mortgage rate rises – London Wallet

April 14, 2026
Fast-growing agency enters London market with third acquisition of year – London Wallet
Real Estate

Fast-growing agency enters London market with third acquisition of year – London Wallet

April 14, 2026
Knight Frank targets growth with self-employed affiliate estate agency model – London Wallet
Real Estate

Knight Frank targets growth with self-employed affiliate estate agency model – London Wallet

April 13, 2026
Mortgage deals pulled at fastest rate on record as product choice shrinks – London Wallet
Real Estate

Mortgage deals pulled at fastest rate on record as product choice shrinks – London Wallet

April 13, 2026
Next Post
Brazilian CBDC gets official name and logo

Brazilian CBDC gets official name and logo

Related News

Japanese trading houses rise as Warren Buffett says he plans on buying more

Japanese trading houses rise as Warren Buffett says he plans on buying more

April 11, 2023
Terraform Labs to open loss claims portal on March 31

Terraform Labs to open loss claims portal on March 31

March 28, 2025
Disgraced ex-Post Office boss Paula Vennells set for Horizon inquiry showdown

Disgraced ex-Post Office boss Paula Vennells set for Horizon inquiry showdown

May 21, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?