Landlords Exit LHA Market

According to research from the National Landlords Association (NLA), the number of landlords letting to tenants in receipt of local housing allowance (LHA) has fallen to 27 per cent, a seven per cent reduction since quarter one and a five per cent reduction year on year.  38 per cent of ALL landlords are worried about the impact of Universal Credit and over half (51%) of landlords actively choose not to let to LHA recipients or other benefit claimants. The reluctance to let to this market is strongest amongst the smaller landlords, with six in ten ruling out letting to this tenant type.  In contrast, the most popular tenant types are families with young children (51% of landlords let to this market) and young couples (51% of landlords also let to this market).  Read more on the NLA website.