Tuesday, 16 May 2017

Renters On Housing Benefit Barred From Buy-To-Let Homes

Banks are pushing families to the brink of homelessness by banning buy-to-let landlords from renting to people on housing benefit. Two thirds of the biggest lenders will not accept applications from landlords who let to tenants who are receiving help from the state. The policy excludes a significant number of the working poor from accessing a large chunk of private rented accommodation, research shows. With greater demand on social housing and a buoyant rental market, low-income workers often have no choice but to accept unsafe or unsanitary housing. In the worst cases they have to accept temporary or emergency accommodation, according to Shelter, the housing charity. Read more on the Times website.

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