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A A AThe DWP have published the 2014/15 Local Housing Allowance rates (LHA) which will take effect from April this year and are set out HERE. (<<click to go)
You beat me to it I was just about to post this. God help LHA tenants. The single room rate in Birmingham was already far too low at £61.50 but it has now been reduced to £56.77 - £8 a day for a room. A pack of cigarettes costs more than that. I can see landlords issuing Section 21's and driving LHA tenants into the worse properties run by the worse landlords and our tax pounds will be paying them.
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it's all good for my proposed park bench enterprise.
I suppose I should be thankful that in my area the one bedroom rate has stayed the same. With costs escalating I doubt I will be able to hold my prices for very much longer.
Mary Latham said
You beat me to it I was just about to post this. God help LHA tenants. The single room rate in Birmingham was already far too low at £61.50 but it has now been reduced to £56.77 – £8 a day for a room. A pack of cigarettes costs more than that. I can see landlords issuing Section 21's and driving LHA tenants into the worse properties run by the worse landlords and our tax pounds will be paying them.
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Follow me on Twitter@landlordtweets
The perfect present for property investors @ £4.64. My book, where I warn about the storm clouds that are gathering for landlords is available on Amazon title. Property For Rent – Investing in the UK: Will You Survive the Mayhem?
Mary,
Councils think landlords can house someone for £8 a day for which they command good liveable accommodation in a safe and secure environment, whilst around Weston super Mare they have installed parking charges throughout the town centre which they charge upwardly of £1 an hour.
So basically councils think it is fair that we should be able to house people for £8 a day while they can charge the rest of us up to £16 a day for 16 hours parking our cars on a street that we already pay car tax for. Lol
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