Latest landlord News by: Madalena Penny. CPAG, the Child Property Action Group has attacked housing benefit caps introduced by the welfare reform bill. Stating that the cuts will result in thousands of families and 20,000 children being driven out of the capital once welfare legislation is applied. Classed by the group as an exercise in […]
Read MoreLatest Landlord News by: Madalena Penny Tenants thinking they can lower the rent as they wish has been cited as one of the reasons landlords gave for feeling less confident in the rental market, according to UPAD’s monthly Confidence Survey. The prospect of interest rate rises has also sparked concerns as landlords have expressed that […]
Read MoreLatest Landlord News by: Madalena Penny Earlier this year, insightful researchers at landlord network, ‘Legal 4 Landlords’ predicted that the government would use LHA direct payment policy as a bartering tool to lever pressure on landlords in a bid to reduce the rents for housing benefit claimants. As forecast, earlier this month in a press […]
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Latest Landlord News by: Madalena Penny Rogue landlords are thankfully few and far between, however there are still some that operate, tarnishing the reputations of the majority. This week, researchers at Legal 4 Landlords were alerted on the unethical principle of ‘vocal rent increases’ that has been placed on tenants, especially those receiving LHA payments. […]
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Scotland Pushes Back Against UK Welfare Reforms Latest Landlord News by: Madalena Penny While landlords and LHA tenants in England brace themselves for the impact of ground zero through welfare reform detonation, Scotland’s government have formed an alliance with experts within housing and welfare agencies to gain control and liberate themselves from the UK’s national […]
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Latest landlord News By: Madalena Penny Rent-savvy landlords are picking up on the markets demand for rented accommodation it appears. Not by increasing rents as you would expect but by capitalizing on tenant-demand by securing reliable and constant tenants and offering them longer tenancies for a reduced rent. Indicators by landlord experts, Legal 4 Landlords […]
Read MoreLatest landlord News by: Madalena Penny Concerns about the impact of impending housing benefit cuts were voiced by peers last night at the House of Lords amid fears of the effect the legislation will have on vulnerable sections of society. The debate followed Labour’s attempt to have the housing benefit reform measures thrown out by […]
Read MoreGovernment Budget Measures Begin to Hit Tenants Latest Landlord News by: Madalena Penny ‘In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.’ Friedrich Nietzsche The budget and spending review by the coalition government last year is now beginning to have an impact on both social and private sector […]
Read MoreLatest Landlord News by: Madalena Penny As landlords and letting agents draw a close to this year, 2010 has seen some vast changes within and around the private rented sector. At the beginning of the year 3.1 million households were supported by private residential landlords, the figure is now estimated to be about 3.6 million. […]
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By: Madalena Penny Speculation is surrounding reports this week that the government’s housing benefit caps will be put on hold by a further 9 months for existing claimants. The cuts, which were due to be introduced next April and October are said to only apply to new applicants, while existing applicants will not be affected […]
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The government’s decision to clamp down on the £21bn housing benefit bill has sent shockwaves throughout the private rented sector. From next April, housing benefit will be capped at £400 per week for a 4+ bedroomed property, £340 for a 3-bedroomed, £290 for a 2-bedroomed and £250 for a 1-bedroomed. The cut is aimed to […]
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