Friday, 11 March 2011

Richer Tenants to Be Targeted

Housing associations are considering only letting affordable rent properties to tenants who can afford to pay the rent without help from housing benefit, the Chartered Institute of Housing has warned. The CIH made the warning in a submission to the Tenant Services Authority’s consultation on changing its tenancy standard to include the new model, which will see tenants charged up to 80 per cent of market rents to fund new home development. Although ministers accept housing benefit will cover most of the increased rents, the report said associations were concerned such payments would be cut once the extent to which higher rents increased the benefit bill became clear. Read more on Inside Housing.

No comments: