Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Wednesday, July 22, 2009

Pressure grows on Government to reconsider LHA



The government is coming under increasing pressure from landlords and letting professionals to rethink their new system of housing benefit called the Local Housing Allowance (LHA). Many landlords according to the latest reports by the BBC are being financially penalised by a system which pays benefits direct to the tenant and not the landlord as under the previous system of housing benefit.

Landlord insurance - best rates - instant quotes

The reality for many vulnerable tenants is that many will also lose out as landlords increasingly shy away from the new system and decide not to let to tenants on benefit reducing the scope and choice of vulnerable tenants to rent property from private sector landlords.

As is the case with much of this governments attempts at regulation is that the vulnerable members of our society suffer whilst regulators, bureaucrats and lawyers get fat!



Bookmark and Share



No comments: