The Conservative’s Housing & Planning Bill includes
the policy of pay (MORE) to stay which sees social tenants with a “household
income” – a term as yet undefined – of more than £30,000 per year in the regions
and £40,000 or more in London to pay market rents or near market rents to stay
in social housing. Nowhere in this policy or in the Bill’s drafting does it say
the pensioner household is exempt. In
Ealing and using the housing regulators own official figures the pensioner in a
3 bed social rented property will see the rent increase from £136 per week to
around £480 per week as a result of this policy. Read more on the Speye blog.
Rules that protect UK homeowners from repossessions may be scrapped
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FCA boss says mortgage charter up for review amid pressure from the
chancellor to remove red tape for firms
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