{"id":145574,"date":"2024-07-01T16:00:11","date_gmt":"2024-07-01T09:00:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord\/"},"modified":"2024-07-01T16:11:41","modified_gmt":"2024-07-01T09:11:41","slug":"the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord\/","title":{"rendered":"The no-deposit mortgage that lets tenants buy the home they live in \u2026 with a gift from the landlord"},"content":{"rendered":"<p>&#013;<br \/>\nUnder a \u2018concessionary purchase\u2019, property owners can agree a cut-price sale to incumbent renters to save costsA growing number of people are taking out a little-known type of mortgage that allows them to buy a property without having to put down a deposit.Several lenders offer \u201cconcessionary purchase\u201d mortgages, meaning that a tenant can buy the property they are living in from their landlord at a marked-down price. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/article\/2024\/jul\/01\/the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord\" target=\"_blank\" rel=\"noopener\">The no-deposit mortgage that lets tenants buy the home they live in \u2026 with a gift from the landlord<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Under a \u2018concessionary purchase\u2019, property owners can agree a cut-price sale to incumbent renters to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-145574","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-BRY","jetpack-related-posts":[{"id":50580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-tax-relief-cut-doesnt-add-up-for-buy-to-let-landlords\/","url_meta":{"origin":145574,"position":0},"title":"Mortgage tax relief cut doesn\u2019t add up for buy-to-let landlords","date":"April 1, 2017","format":false,"excerpt":"\r Tenants are being turfed out as tax changes beginning in April make it increasingly hard for owners to profitToday will see two of buy-to-let landlord Jamie Brewis\u2019s tenants \u2013 a couple in their 60s \u2013 having to move out of the bungalow that has been their home for the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-those-at-risk-of-repossession\/","url_meta":{"origin":145574,"position":1},"title":"Hope for those at risk of repossession","date":"April 19, 2009","format":false,"excerpt":"\r Every local authority in the UK has signed up to a government plan for struggling householdersMore than 300 householders who face having their homes repossessed have applied for the government's Mortgage Rescue Scheme.The vulnerable families should qualify for the new support plan, which effectively sees a \"registered social landlord\"\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59617,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-seven-private-tenants-pays-more-than-half-income-in-rent-study-finds\/","url_meta":{"origin":145574,"position":2},"title":"One in seven private tenants pays more than half income in rent, study finds","date":"July 3, 2017","format":false,"excerpt":"\r Only 2% of homeowners spend similar a salary percentage on their mortgage, according to LGA researchOne in seven tenants privately renting from a landlord is paying more than half of their income in rent, compared with just 2% of homeowners who pay more than half their income on their\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116307,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-kiwi-landlord-and-his-family-told-they-must-wait-until-tenants-decide-to-move-out\/","url_meta":{"origin":145574,"position":3},"title":"Covid 19 coronavirus: Kiwi landlord and his family told they must wait until tenants decide to move out","date":"May 13, 2020","format":false,"excerpt":"\r A young Auckland family are having to pay for accommodation on top of their mortgage as new tenancy rules mean tenants decide when they move out of their home. The family returned from Australia just over a week before the lockdown,...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid 19 coronavirus:\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/conniving-dubai-tenants-trick-landlord-to-hand-over-security-deposit\/","url_meta":{"origin":145574,"position":4},"title":"Conniving Dubai tenants trick landlord to hand over security deposit","date":"December 30, 2015","format":false,"excerpt":"\r \r My previous tenant insisted that I give him the security deposit money before he had handed over the keys to me. I needed the keys for the apartment as the new tenant wanted to move in the very next day. I asked my new tenant to check the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134935,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-was-a-massive-shock-the-tenants-facing-eviction-as-landlords-raise-rent-or-sell-up\/","url_meta":{"origin":145574,"position":5},"title":"\u2018It was a massive shock\u2019: the tenants facing eviction as landlords raise rent or sell up","date":"February 24, 2023","format":false,"excerpt":"\r Renters hit by increases as high as 20%, with owners seeking to absorb increased mortgage costs\u2018Lots of us are very anxious\u2019: why buy-to-let landlords are sellingLaura Hayton, 46, a part-time project manager in the public sector and single mother from south Devon, had been renting her house for six\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145574"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=145574"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145574\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}