Nationwide Foundation and Generation Rent, the Odd Bed-Fellows

The Nationwide Building Society has an odd bed-fellow in Generation Rent, says David Lawrenson of LettingFocus.com. Nationwide Foundation and Generation Rent, the Odd Bed-Fellows Once again there are calls for rent controls. Most recently these have come from Diane Abbott, the MP for Hackney – and her call echoes some of what the likes of the pressure group Generation Rent have called for. […]

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Longer Term Tenancy Contracts and the Mortgage Works

Today, Mortgage Works owner, Nationwide has said it will allow landlords to offer longer term tenancies. We are delighted that our work at LettingFocus on this matter, over many years, helped make this happen. Through our consulting work over a long period, we were able to show ALL lenders that the business case of keeping tenancy lengths in the private […]

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London Assembly Calls for Longer Term Tenancies

At LettingFocus we are pleased to see our evidence to the London Assembly on the private rented sector was accepted and made it through as a key recommendation. The London Assembly has issued another report on the private rented sector – this time calling for the mayor to intervene in the capital’s private rented sector to “stabilise rents” and encourage […]

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Mortgage Loans and Housing Benefit and Why a Selective Approach is the Better Option

David Lawrenson of www.LettingFocus.com observes the latest mortgage lender U turn on allowing landlords to let to housing benefit tenants, but says that rather than a “blanket” approach of either allowing or not allowing landlords to do this, a better way would be if lenders “selectively” allowed it – with the decision linked to other variables such as landlord experience […]

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Nationwide Mortgage Works Housing Benefit U Turn

David Lawrenson of Private Rented Sector Consultants LettingFocus.com looks at why some mortgage lenders don’t want to allow landlords to let to tenants who are dependent on housing benefit to pay their rent. Last week, at this blog, I looked at Nationwide’s new policy (for the Mortgage Works) to not allow landlords taking out mortgages or remortgages with them to […]

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