Truss: Use rent payments for mortgage assessments
The Independent|July 30, 2022
Tory leadership contender Liz Truss has vowed to ensure rental payments are considered as part of mortgage assessments under a plan to "unlock homeownership".
ASHLEY COWBURN
Truss: Use rent payments for mortgage assessments

The frontrunner to succeed Boris Johnson in No 10, also confirmed that she would scrap the Conservatives’ 2019 manifesto to build 300,000 homes a year by the mid-2020s.

The pledges come amid a decline in homeownership in England – from 75 per cent of households in 2003 to 65 per cent in 201920, according to the House of Commons library. The fall is particularly pronounced in younger age groups, with an 18 per cent dip over the same period for those aged between 25 and 34 amid surging house prices and rental payments.

This story is from the July 30, 2022 edition of The Independent.

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This story is from the July 30, 2022 edition of The Independent.

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