Friday, 25 May 2012

Landlords Warn They Can’t Monitor 4m Households

Landlords fear they will be forced to track the income of millions of tenants as part of controversial ‘pay to stay’ proposals for higher-earning households.  The CLG will consult on proposals that would see social housing tenants charged market rents once their income passes a certain threshold. This threshold could be £60,000 and apply to 34,000 households, according to reports over the weekend which have not been confirmed or denied by CLG. Landlords are concerned that, because they set rents and sign tenancy agreements, it will fall to them to monitor tenants’ incomes, creating a large administrative burden.  Read more on Inside Housing.

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