CIH is urging Chancellor George Osborne to use next
month’s (March) Budget to exclude supported housing from plans to cap housing
benefit for social housing at Local Housing Allowance (LHA) rates (the amount
of housing benefit people living in the private rented sector are able to
claim). CIH’s budget submission details the potential impact on people who live
in supported housing and the social landlords which provide it. One local
authority estimated that new tenants in one of its extra care schemes would be
left with a shortfall of up to £67 a week. A social landlord with a large care
and support arm estimated that it will cost them upwards of £18m a year –
making schemes unviable – while another said it would be left with a £9.5m
shortfall. Read more on the CIH website.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
-
Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
8 hours ago

No comments:
Post a Comment