BOris Johnson to present today plans allow people who pay for rent via housing allowance for additional support to secure mortgage loans in banks.
Lisa Nandy, shadow alignment up secretary asked if policy will work Because no sign” of creditors who signed up to the idea.
Speaking on Sky News she told: “Basically, this great idea to try to get more people security of their home especially people who find yourself in benefits system.
” problem in that, as always, the government did not think it through to the smallest detail. There are no sign that any of creditors on board with this is.
“The government can say that it wants to open up mortgage loans people on housing allowance, but if creditors do not agree to do this, this will not happen.
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