assessment

assessment

Last chance to respond to Smoke and Carbon Monoxide Alarm Regulations Consultation

08 January, 20180 Comments
Private rental sector landlords still have one more day to respond to this consultation, which closes tomorrow (9th Jan, 2018 at 11:45pm). Introduced on 1st October 2015, the Government’s Smoke and Carbon Monoxide Alarm (England) Regulations were updated to protect private tenants from death or injury caused by smoke and carbon monoxide poisoning in the
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Want a mortgage? Don’t eat steak!

12 May, 20140 Comments
It emerged last night that mortgage applicants are being asked ‘Spanish inquisition’ style questions, including whether they play golf or eat steak. Some interviews have lasted up to 3 hours where applicants have been quizzed over the price of haircuts, their plans for more children and even their hopes of a pay rise. These questions
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Lifestyle quiz to secure a mortgage comes into force today

26 April, 20140 Comments
From today, new rules come into force that mean borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. According the the Financial Conduct Authority (FCA) the Mortgage Market Review (MMR) will ‘put common sense at the heart of the mortgage market and prevent borrowers ending up with a
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Government says benefit claimants more responsible than workers

31 March, 20140 Comments
The majority of the Mortgage Market Review changes will come into effect on 26th April 2014, where new rules will mean that borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. Please read : Mortgage Market Review explained by the FCA. Please read : How will the Mortgage
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Third of UK’s private rented stock unaffordable says new report

15 July, 20130 Comments
A new report out today has revealed that most of southern England is now off limits to less affluent / low-income families wanting to rent a home. The Home Truths Report, from the Resolution Foundation, is the first of its kind to give a comprehensive assessment of where less affluent families can reasonably afford to
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