Some buy to let mortgage customers need state help, says NLA

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Some buy to let mortgage customers need state help, says NLA

Tue 15th Feb 2011

The government must provide support for buy to let mortgage holders who take on people on housing benefits, an expert from the National Landlords Association has claimed.

Vincenzo Rampulla, a spokesman for the organisation, explained that landlords are simply concerned about making sure they receive payment for the service they provide.

He pointed out that the day-to-day running of a home is not free and property owners often have to meet a variety of expenses other than their mortgages, such as the maintenance of the site.

"If landlords don't get their rent, then ... costs still have to be met and suddenly the whole business model falls down," said Mr Rampulla.

In his opinion, it is down to the government and local authorities to support buy to let mortgage holders in this situation.

His comments were made in response to a statement by housing minister Grant Shapps, who announced the launch of the Affordable Rent scheme.

The initiative is designed to give landlords greater flexibility when it comes to their tenants.

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