Property News · October 22, 2018

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


Landlords association tells government to persuade banks to end discriminatory practicesUrgent 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…

Source : theguardian.com
Read more…About 90% of buy-to-let lenders refuse loans to benefit claimants

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