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Can't Buy A Home? - That's The Idea And This Is Why - Icke Video

Started by EvadingGrid, Nov 17, 2018, 05:05:26 AM

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Can't Buy A Home? - That's The Idea And This Is Why - Icke Video

Last Edit by Humphrey

David Icke Bot


MP warns of a 'return to the wicked old days of housing discrimination'

'A senior MP has condemned banks and mortgage lenders for operating a "no DSS" policy that is effectively "blacklisting" housing benefit recipients and restricting their access to housing.

Frank Field MP, who chairs the commons Work and Pensions Select Committee (WPSC), has raised concerns about restrictions on mortgage lending to landlords whose tenants are in receipt of housing benefit and Universal Credit.

Natwest came under fire in October over the case of a landlord refused a re-mortgage because she was renting the property to a tenant in receipt of housing benefit. Spam_A Spam_B The landlord, Helena McAleer, was told that she would either have to evict her tenant, a vulnerable elderly lady, or pay the early repayment charges and forego the mortgage as it was the bank's policy not to allow rentals to a 'DSS claimant'.

Natwest CEO Ross McEwan responded by expressing the bank's "extreme disappointment" with the way the case was handled, claiming it "did not reflect the values of [the] organisation" and promising an immediate review its lending practices.

However, his letter to the WPSC also states that "in line with a number of other lenders ...our mortgage policy for landlords with smaller property portfolios...includes a restriction on letting to tenants in receipt of housing benefit".

"This reflects evidence that rental arrears are much greater in this segment of the market and we are satisfied that this restriction does not contravene equality legislation", he added.'

Read More : MP warns of a 'return to the wicked old days of housing discrimination'


Last Edit by Humphrey

David Icke Bot


Construction of homes for social rent drops 80% in a decade

'The number of new homes built for social rent has fallen by almost four-fifths in a decade, according to official figures that come as more than 1 million families are stuck on waiting lists for council housing in England.

Figures released by the Ministry for Housing, Communities and Local Government show just 6,463 homes were built in England for social rent in 2017-18, down from almost 30,000 a decade ago.

Condemning the lack of new social housing, Labour said that a the current rate of construction it would take at least 170 years to house the families on waiting lists.

John Healey, the shadow housing secretary, said: "These figures confirm the disastrous fall in the number of new affordable homes for social rent under the Conservatives."

Despite the sharp decline, the overall number of properties constructed in England that were classified by the government as affordable rose by 12% last year to 47,355.

The bulk were built for so-called "affordable rent", where rental costs are capped at 80% of local private sector rents. Affordable rent properties are typically favoured by the building industry because developers tend to make larger profits on them.

Unlike affordable rent, social rental properties also take into account local incomes as well as house prices. Campaigners have criticised the term affordable rent for "turning the English language on its head", saying they are still unaffordable to many people.'

Read More : Construction of homes for social rent drops 80% in a decade


Last Edit by Humphrey