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Today While giving a speech at the national housing federation, the prime minister pledged £2bn to boost social and affordable housing. After running through a list of achievements the government has achieved within the housing market in recent times, including the affordable homes program, new social housing green paper program and the tenant's fees bill. Theresa May moving swiftly onto outlining plans for the pledged £2billion, stating: “Under the scheme, associations will be able to apply for funding stretching as far ahead as 2028/29. In the locations where they are nee
Hi, I am a newbie looking into a couple of properties. I have an eye on a 5 bed HMO which has been offered with a 5 year lease with social housing and promises great net yield, no voids etc. My query is that how would I go about doing the due diligence on this? What are the different aspects that I need to be mindful of? Can I get finance for such a project if I have no previous experience? I have been advised that I would be unable to do an internal viewing until I show proof of funds and have an offer as they don't want the tenants to b