Sinn Féin housing spokesperson Councillor Tony Hassan has said there’s a concern that changes to mortgage applications will force more people into the unregulated rented sector.
Tony Hassan said the changes were likely to increase stress levels amongst those applying for a mortgage.
“The tightening of procedures to secure a mortgage will undoubtedly cause more people to be turned down for a mortgage forcing them onto the housing waiting list.
“With thousands already in housing stress and the minister’s inability to bring forward solutions the only option left open to many people will be the private housing sector.
“This sector is totally unregulated at the moment with landlords charging exorbitant rents for properties that are in poor condition and not suitable for families.
“Sinn Féin has for many years raised the serious problems which exist in the private rented sector.
“We believe everyone is entitled to a proper place to live at a fair rent.
“We will be bringing forward a motion to the Assembly calling on the minister to immediately implement regulations for landlords so that tenants are given proper protection and rights to a proper home.
“Fra McCann MLA intends raising this at the next Social Development Committee meeting asking that the minister act on this with urgency.”