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Around 840,000 private renters in England and Wales have built up rent arrears since lockdown measures began, according to new research. A survey of tenants for the National Residential Landlords Association, carried out by research consultancy, Dynata, suggested that seven per cent of all private renters had built arrears due to Covid. Whilst the average … Read more
Man on £150,000-a-year who refused to financially support his child for TEN YEARS and even tried to have a DNA test to prove he wasn’t the father is finally set to pay £74,000 A single mother has received a £74,000 payout from the father of her child Ten years the father refused to give financial … Read more
Landlords and renters are facing a looming meltdown, experts warn, after the Government extended its ban on tenant evictions until 20 September. In a last minute U-turn over plans for repossession cases to be heard in the courts from 23 August, the Government last week also introduced a minimum six-month notice period for landlords seeking … Read more
Watchdog hits Lloyds with £64m fine after it failed to look after customers who had difficulty paying their mortgages Lloyds, Bank of Scotland and The Mortgage Business hit with £64million fine Banks failed to look after customers who had difficulty paying their mortgage Lloyds has already paid some £300million in redress to affected customers By … Read more
Rich list landlord’s threat to bankrupt rent arrears tenants: Multi-millionaire Asif Aziz sends out final demands threatening to wind up firms who are as little as one day late settling their bills despite coronavirus crisis By Nick Craven for The Mail on Sunday Published: 00:48 BST, 5 April 2020 | Updated: 00:56 BST, 5 April … Read more
A Help to Buy government bungle has put homeowners potentially hundreds of pounds into debt, and could cost them even more when they come to remortgage. The equity loan scheme gives home buyers a five-year interest free loan on a home purchase for five years, before charging interest at 1.75 per cent. But a flawed … Read more