Council's £4000 payouts to landlords

According to a Guardian piece, councils in London and the South East are making cash payments of up to £4000 to private landlords to take in homeless families.

Westminster council pays up to £4,000, Tower Hamlets  offer a £2,500 payment for one-bedroom flats and as much as £4,000 for two or more bedrooms properties.Haringey andBarnet, bot offer one-off payments of up to £3,000 and Southwark council is offering up to £2,000 .

The need for these one off payments /sweeteners reflect the increasing reluctance landlords have to renting to housing benefit tenants, both because of perceived risk and the failure of more restrictive housing allowances to match up to the open market rents on offer.

Read the full Guardian article - Council pay landlords £4000 to home tenants

Take advantage of our discounted landlord insurance rates