There was an article in the The Guardian on 29th June 2013 “Meet the new class of landlords who are profiting from Generation Rent” by Patrick Collinson. A crucial factor that was missing from the article was the role of the banks in what is becoming a national scandal. According to the Council of Mortgage […]
Tag Archives: banks
The banks are at it again
December 16, 2012 – 6:44 PM
On the 9th October 2012 in the Observer there was an excellent article by Lucy Rock called “Generation Rent:why millions are locked out of owning their own homes”. Young people cannot get mortgages yet people can easily get buy to let mortgages. Young people on low incomes , students with student loans to pay off can whistle down the wind.Meanwhile people with a bit of disposable income can buy a […]