Councils Pay Private Landlords Up to £4,000 to House Tenants

Councils are offering landlords cash payments of up to £4,000 to accommodate homeless families as a shortage of social housing forces authorities to court the private sector with taxpayer-funded incentives. Many councils in London and south-east England are now advertising cash incentives to private landlords. Westminster council in central London is paying up to £4,000 to landlords who take on council tenants. Tower Hamlets in east London recently advertised a £2,500 payment for one-bedroom properties to landlords agreeing to let to council-vetted tenants for two years and a £4,000 lump sum for homes with two or more bedrooms. Read more on the Guardian website.