Tory leadership hopeful pledges to ease mortgage approval process for renters
Liz Truss has pledged to make homeownership more attainable by helping renters prove they can afford a mortgage. She plans to allow rent payments to be considered when assessing mortgage affordability. Truss aims to remove obstacles that prevent many renters from buying a home, including restrictive lending criteria. Additionally, she seeks to streamline housing development by empowering local communities and reducing bureaucratic planning hurdles. Truss’s vision focuses on breaking down barriers to homeownership, tackling the housing crisis, and boosting property development across the UK.