John Herron, Managing Director of Mortgages at Paragon writes in Bridging and Commercial that lenders should be given access to the rogue landlord register. The government introduced the rogue landlord database in April 2018 in order that local authorities could share information on banned landlords and letting agencies. The government proposes to give current and prospective tenants access to the register.
John says “Broadening access to lenders for underwriting purposes would be another important step forward. It is in no one’s interest to let unfit landlords operate in the UK’s PRS, and by granting lenders access to the rouge landlord database, lenders can fulfil a vital function in making sure rogue landlords are starved of the oxygen of finance.”
You can read the full article here.