Brendan Cox, spokesperson of a leading Estate Agents in the south, said: “It will have an effect on the whole of the market, as people who couldn’t afford such a large deposit will now have the help they require. It means first-time buyers will be able to get to the market earlier and get out of rented accommodation.”
“Working in partnership with Government, the sector should deliver an exciting and quality array of homes for renters.”
Within the Budget, the Chancellor has also made promises for consultations to be held on proposals allowing shops to change into homes, and agricultural use to change to residential.
PIMS Landlords Insurance - Price beat Promise
Immigration Act revised 2016 should a landlord or letting agent fail to ensure ALL tenants/occupiers have a righto reside for the duration of the tenancy then they may be fined £3000 for each breach. The Secretary of State may instruct the landlord to remove such persons without the need of a court order by way of reasonable force
Labour market enforcement - restriction on illegal migrants to work. A labour market enforcement undertaking (an “LME undertaking”) is an undertaking by the person giving it (the “subject”) to comply with any prohibitions, restrictions and requirements set out in the undertaking