An article in Inside Housing today sees L&Q want to adopt the ridiculous pay MORE to stay government proposal and charge tenants 35 per cent of nett income as rent.
An article a few weeks back in the Guardian reported a Halifax research report which stated the average mortage payment was 26% of nett income
Can anyone remind me what the purpose of a charitable housing association is?
Aside from that here we have a social landlord wanting to charge 35% more for a social tenancy than a mortgage – Do I need to comment any further!!