Thursday, 21 May 2015

Social Landlords Expect Cuts to Trigger New Wave Of Homelessness

Social landlords are expecting a surge in rent arrears, tenant evictions and homelessness as the government pushes ahead with more welfare cuts and changes, according to new research. The continuing impact of the bedroom tax, together with moves to extend the benefit cap and impose further limits on housing benefit, will put further financial pressure on tenants, predicts a report by consultants Grant Thornton. It concludes that the ability of councils and housing associations to mitigate growing arrears has been severely eroded, and increasing numbers are issuing possession orders to tenants who have fallen behind with the rent. Download a copy of the report from the Grant Thornton website.

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