Local Housing Allowance and More Changes to Policy

David Lawrenson of www.LettingFocus.com explains the “work arounds” and the sleights of hand involved in the latest changes in Local Housing Allowance funding. The government has just voted to cap rises in several benefits, including local housing allowance (LHA) base rates, at the lower of 1% or the 30th percentile of local rents – which means that in practice, in […]

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Wrong Housing, Wrong Investment and Bad Mortgage Lending

Thamesmead encapsulates a lot of what has gone wrong with housing over the years – from poor local planning, to bad mortgage lending to yet worse property investment decisions by amateur investors says David Lawrenson of www.LettingFocus.com A few weeks’ ago I had cause to visit Thamesmead where my boy was playing in a kids’ football match. I mention the […]

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Mortgage Lender Inefficiency and Housing Market Failure

One of the curious aspects of landlord behaviour is a failure to look beyond the initial mortgage rate deal terms. And comparison sites don’t help as they rarely say what the follow on rate is once the initial attractive deal period ends. I have seen many mortgage deals recently where you will see some great headline rate – but it’s […]

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