UK lender trials ban on new holiday let mortgages for tourist hotspots
Leeds building society believes it is the first to restrict new lending for holiday homes in Norfolk and Yorkshire
Source: theguardian.com
Page 10 - Generation Rent News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Generation Rent. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Generation Rent Today - Breaking & Trending Today
Leeds Building Society Trials Ban on New Holiday Let Mortgages in Tourist Hotspots
Leeds Building Society, a prominent UK lender, has embarked on a trial initiative to suspend new holiday-let mortgages in select popular tourist destinations, aiming to address concerns raised by campaigners regarding housing availability in affected areas.
Source: bmmagazine.co.uk
Leeds Building Society to limit mortgage lending on holiday lets in hotspots
It will stop new loans for holiday let homes in some areas in a 12-month trial
Source: mirror.co.uk
Leeds Building Society: Holiday let loans to be restricted in trial
Leeds Building Society will trial the move in North Norfolk and North Yorkshire from March.
Source: bbc.co.uk
More than 300,000 families in poverty despite parents working full-time
Health and social care workers, shop assistants and construction workers among those still in poverty despite being in work
Source: independent.co.uk