Leeds building society believes it is the first to restrict new lending for holiday homes in Norfolk and Yorkshire

A leading building society trialling a ban on new holiday-let mortgages in some popular tourist destinations.

Campaigners say the move by Leeds building society could improve the situation for local residents currently struggling to buy or rent in parts of Norfolk and Yorkshire that have seen a surge in the number of properties turned into holiday rentals.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Only success will unite Labour – and Starmer is leading the party towards it | Polly Toynbee

Week by week, the Labour leader is growing in stature and driving…

Coronavirus live news: US records highest daily increase in cases, Brisbane under lockdown as single case reported in Australia

US reports 290,000 cases and 3,676 deaths in 24 hours as Australia…

Labour urged to say whether it would scrap new anti-protest laws

Lib Dems, SNP and Greens pile on pressure as two shadow ministers…

Bolsonaro slashes Brazil’s environment budget, day after climate talks pledge

President had promised to double budget for environmental enforcement at conference organised…