Wednesday, 5 April 2017

Gap Between LHA And Rents Putting Private Rents 'Out Of Reach'

CIH research reveals in some areas the gap between the shared room rate of the local housing allowance (LHA), which single people who are under 35 and renting in the private sector receive to contribute to their housing costs, and the cheapest private rents in the area, means virtually all of the properties are out of reach. The research shows that in the 46 rental markets in England where the cash shortfall was greatest less than a quarter of private rented homes were available at the LHA. In 17 of those areas ten per cent or less of the market is affordable and in six five per cent or less is affordable. Read more on the CIH website.

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