RLA comments on call to Government to lift Local Housing Allowance freeze.

August 30, 2018

COMMENTING on calls by the Chartered Institute for Housing for the Government to lift the Local Housing Allowance freeze for private rented housing, David Smith, Policy Director for the Residential Landlords Association said

“Today’s report is a reminder of the difficulties being faced by young people especially in accessing homes for private rent.

“With many unable to afford a home of their own, and waiting lists for social housing remaining long, we need to do more to support those who desperately need a thriving private rental market to provide the homes they need and to sustain existing tenancies. This means lifting the Housing Allowance freeze so that it better matches the realities of today’s private rental prices.

“Such a policy would not lead to substantial increases in Government spending. Official data shows that in the year to July 2018, private sector rents across Britain increased by just 0.9 per cent, far less than inflation.”

Source of information RLA

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

painting with polycell crack free ceilings
Home and Living

The Benefits of Repainting Your Interiors

Repainting your home’s interior is a simple yet powerful way to refresh and revitalize your living space. Whether you’re looking to update outdated colors, boost your home’s value, or create a more inviting atmosphere, a fresh coat of paint can make a significant difference. In this article, we will explore the numerous benefits of repainting…
Read More →
Breaking News

UK house sales up 19% year on year for December

The latest UK monthly property transaction report from the HMRC.   The provisional seasonally adjusted estimate of the number of UK residential transactions in December 2024 is 96,330, 19% higher than December 2023 and 3% higher than November 2024 The provisional non-seasonally adjusted estimate of the number of UK residential transactions in December 2024 is 98,120, 15%…
Read More →
Estate Agent Talk

UK House Price Index from Nationwide -Thoughts from the Industry

Commenting on the latest UK House Price Index from Nationwide showing property prices have risen by 4.1%, here are some thoughts from the Industry. Daniel Austin, CEO and co-founder at ASK Partners: “We are continuing to see a rise in house prices, which is hopefully the sign of an upward trend developing going into 2025.…
Read More →
Breaking News

House price growth softens at the start of 2025

Annual rate of house price growth slowed to 4.1% in January, compared with 4.7% in December House prices up 0.1% month on month Little change in overall rate of home ownership in recent years despite affordability pressures Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “The price of a typical UK home rose…
Read More →
Home and Living

Mastering Sleep: The Bensons for Beds Difference

Sleep is one of the most fundamental aspects of our health and well-being. A good night’s rest rejuvenates the body, sharpens the mind, and enhances overall productivity. Yet, millions of people struggle with poor sleep due to discomfort, stress, and unsuitable bedding. Enter Bensons for Beds, a leading name in the sleep industry, dedicated to…
Read More →
Breaking News

Leaseholders To Benefit Significantly from the removal of Two-Year Rule

Residential property transactions could become easier following the removal of the two-year rule for leasehold property extensions which comes into force today (31 January 2025) but lawyers have warned the necessity of proving ownership could be challenging due to Land Registry backlogs. This significant change means leaseholders no longer need to own their leasehold property…
Read More →