The
impact of these changes to housing benefit will affect
private landlords and their tenants across the UK.
The
first of these changes were introduced on 1 April 2011,
with the full programme of reforms to be completed in
2017. There have already been several changes to implementation
dates and to some of the more radical proposals, including
dropping the proposal to reduce HB by 10% for people
claiming jobseeker’s allowance for more than 12
months. It is likely that there will be further changes
to come and the Landlord Information Network will ensure
that members are kept as up to date as possible.
The
Landlord Information Network tracks the Welfare reform
bill and looks from a landlords/letting agent’s
perspective at the changes being made to housing benefit
and local housing allowance. It will help you to plan
how to proactively reduce the impact of the changes
for your tenants and therefore how to minimise the negative
impact of the changes on your rental income and arrears
levels.
| 
|
If
you currently have any Tenants in receipt of
Local Housing Allowance or you are considering
letting to such Tenants - You NEED this book!
Written
by a Landlord with a wealth of experience of
both his own Tenants and also acting as an Agent
for other Landlords
|
The
Welfare Reform Bill
The
Welfare reform bill was introduced to Parliament on
16 February 2011 and the DWP described it as the biggest
change to the welfare system for over 60 years. The
major proposals for reform, of concern to landlords,
are those related to Housing Benefit (HB), including;
the introduction of a new benefit, to be known as universal
credit and the limiting total benefit payable to out
of work households of working age (benefit capping).
Landlords
and letting agents need to keep abreast of the reforms
and ensure that you are up to date with the changes
and how it will impact on your rental income in order
to minimise the impact that it will have on your arrears
through pro-active action prior to implementation of
the changes. For further information on how the Welfare
Reforms will affect your rental income see our member
report ‘Welfare Reform – April 2011’
The
Landlord Information Network will ensure that landlords,
letting agents and your tenants are kept up to date
with the reforms. Look out for our news updates, publications
and member reports which will keep landlords and letting
agents bang up to date. Our publications will, in straight-forward,
practical terms, guide you through the reforms and how
these changes will affect HB payments and the likely
impact on your rental income. The Landlord Information
Network will give you the tools needed to maximise your
income whilst minimising your arrears.
Click
here to join the Landlord Information Network today
|
