Monday, 5 September 2011

Private Landlords Plan to Snub Tenants On Benefits

One in four private landlords is looking to reduce the number of tenants claiming local housing allowance in their portfolios, following welfare reforms. A survey by consultancy BDRC Continental reveals 25 per cent of landlords are examining ways of reducing their number of LHA tenants. The study shows 15 per cent of landlords will stop offering LHA tenancies while 32 per cent will look at reducing LHA tenancies when capping affects their lettings. The report’s findings are the first sign that the government’s welfare reforms could lead to private landlords withdrawing from providing homes to rent for people on benefits. Read more on the BDRC website.

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