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Mortgage rules that prevent landlords renting to tenants on housing support are to be changed, Metro Bank has today announced.
Following a roundtable with industry bodies and companies at Downing Street, led by housing minister Heather Wheeler MP, the government has said that 1000s of families could benefit from the new rules.
According to the government, today’s announcement is the ‘latest pledge from industry to end potentially discriminatory practices which deny good quality accommodation to those on benefits – such as “No DSS” adverts’.
Firms such as Rightmove and Zoopla joined Metro Bank at the meeting.
Wheeler MP said: ‘Regardless of financial circumstances, everyone should have the same opportunity when looking for a home and I have been determined to end the discrimination those on benefits face.
‘Today’s meeting was yet another step forward; marking an important shift in making the private rented sector fairer for all – and I am thrilled that Metro Bank have decided to join us in ending the stigma surrounding tenants on housing benefit.
‘I am grateful to those companies for taking the time to discuss this issue, and look forward to us continuing to work together.’
Minister for Family Support, Housing and Child Maintenance, Will Quince, said: ‘We are working to bring the sector together to tackle this issue, ensuring everyone has the same opportunity to access safe and secure housing.
‘It’s encouraging that we’re already seeing positive changes being made in the industry, and we continue to encourage landlords and agents to consider tenants on an individual basis.’
And here, as ever, is the government's press release.