Thursday, 26 April 2012

Buy-to-let threat as benefit cuts see landlords struggling to rent | Mail Online

Buy-to-let threat as benefit cuts see landlords struggling to rent | Mail Online

Housing benefit cuts are threatening the buy-to-let market's resurgence as more than half of landlords can no longer afford to rent to tenants reliant on local housing allowance (LHA).
LHA was cut a year ago, with new caps on weekly payouts to those who have to rent off private landlords because of a lack of council housing.
These capped allowances make it particularly tough for those who live in more expensive areas - especially London - where rental prices are much higher. 

No comments:

Post a Comment