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

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

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.

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