Estate Agents In York

Sunday, October 21, 2018

About 90% of buy-to-let lenders refuse loans to benefit claimants

Landlords association tells government to persuade banks to end discriminatory practices

Urgent action is needed to tackle discrimination against benefit claimants by mortgage providers, according to the Residential Landlords Association (RLA), which has found 90% of buy-to-let lenders refuse a loan where a tenant is on housing benefit.

On Saturday, the Guardian revealed how NatWest told one landlord that she would either have to evict her tenant of two years, or take her mortgage business elsewhere, after a blanket ban by the bank on benefit claimants.

Continue reading...

from Property | The Guardian https://ift.tt/2q1NKCy
via IFTTT

No comments:

Post a Comment