Ground-breaking legislation to help tenants onto property ladder enters Commons

Big Issue Lord Bird’s legislation is now only a few months away from becoming law, helped by former government minister Justine Greening.

New legislation designed to force lenders to take rent and council tax payments into account when assessing tenants for mortgages has begun its journey through the House of Commons, sponsored by former government minister and MP Justine Greening.

Introduced into parliament in June last year by Big Issue founder Lord Bird, it is now likely to get Royal Assent and become law next year; its passage through the Lords was unopposed and supported enthusiastically by all parties.

 

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