Tuesday, 29 January 2013

Landlord to Cushion Bedroom Tax Blow

A housing association plans to pay tenants the amount they will lose through the bedroom tax over three years as a lump sum cash incentive to downsize. Aster Group, which owns 27,000 properties, is considering taking the financial hit to protect tenants who would otherwise lose out under the government’s under-occupation penalty.  Although other landlords have announced they will offer cash incentives to tenants who move to smaller properties, Aster is understood to be the first to link it to the amount tenants actually stand to lose. Read more on Inside Housing.

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