Currently viewing the tag: "restrictions"
Protesters Call For Ban On Section 21 Notices

Protesters Call For Ban On Section 21 Notices

Protesters Occupy Government Offices
In Call For Ban On Section 21 Notices

Last week campaigners from a tenant group called London Renters occupied the lobby of the Department of Communities and Local Government (DCLG) by bedding down in sleeping bags to protest at retaliatory evictions by private sector landlords and over the apparent insecurity of tenure within the UK’s private rented sector (PRS).

The protest followed a workshop apparently held by the Department of Communities and Local Government covering ways of making it easier for landlords to evict tenants.

The protesters wanted to highlight how being evicted by a private sector landlord has become the leading reason for homelessness in the UK. The campaigners want secure tenancies for all tenants, and in particular an end to ‘no fault’ evictions under section 21.

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No Buy To Let Mortgages For Landlords with Benefit Tenants

No Buy To Let Mortgages For Landlords with Benefit Tenants

It has emerged that one of the property investor’s best mortgage resources is going to have restrictions placed on their Buy To Let mortgage products.

The Mortgage Works, who were once the lender of choice for hundreds of UK property investors, have changed their mortgage acceptance and lending criteria to such an extent that they will no longer accept buy to let properties that will be inhabited by any tenants claiming any form of state benefit, local housing allowance (LHA) housing benefit or even the upcoming Universal Credit.

As the major buy to let mortgage lender used by portfolio landlords, this news is a real blow for anyone with DSS tenants or even working tenants claiming Housing Benefit.

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