Thanks everyone! I value your opinions and appreciate the time taken to respond. I guess I will explore other avenues. Perhaps, as a society the UK needs to put more thought into this to allow the private sector to support the provision of affordable living to society as a whole. With more and more people struggling financially and claiming benefits, where will they all live?
A couple of questions for the forum? 1. Is anyone aware of lenders that will allow tenants to be in receipt of state benefits/DSS/housing benefit/universal credit? I think I can only find one or two (possibly). 2. Is anyone aware of lenders that will allow landlords to lease their property to a Council or Housing associated on a long term lease, who then sublet to tenants to be in receipt of state benefits/DSS/housing benefit/universal credit? etc. My mortgage broker is struggling and I was wondering if anyone out there could help point us in the right direction.... ..... I have heard that BTL landlords are not telling lenders when applying for mortgages that they intend letting to DSS tenants and purposely breaching the terms of their mortgage... I wonder, does this have any truth???? Any pointers would gratefully be appreciated!!!