Boris Johnson will today unveil plans to let people who are paying for rent via housing benefit to get extra support to secure mortgages from banks.
Lisa Nandy, the shadow levelling up secretary, has questioned if the policy will work because there is “no sign” of lenders having signed up to the idea.
Speaking on Sky News, she said: “In principle, it’s a great idea to try to get more people the security of their own home, particularly people who find themselves in the benefits system.
“The problem is that, as always, the Government has not thought through the detail. There’s no sign that any of the lenders are on board with this.
“The Government can say that it wants to open up mortgages to people on housing benefit, but unless the lenders agree to do it, it’s not going to happen.