Welfare Reforms Are 'Pushing Landlords towards Tipping Point'

New research has revealed the cost of welfare reforms to social landlords. Six months after the introduction of the bedroom tax, patterns have emerged showing a North-South divide, a big/small landlord size split, rises in costs across the board and an increase in empty properties. The report, produced for HouseMark, shows that landlords with poor rent collection rates before the bedroom tax have lost out on millions of pounds since April as they struggle to collect more money direct from tenants. The situation is particularly acute in the North, where collection rates are lagging behind the UK median by as much as nine percentage points. Download a copy of the report from the HouseMark website.