Thread: Housing Benefit Is Being Reduced In London

Crashman Begins, on 09 November 2009 - 09:49 PM, said: Im sure they will.. Some places i looked at renting last year are still on the market to be rented out ... a year later ive driven past this house that a one man builder was doing up all last year. looks nice. saw it on rightmove - deluded price. its now on rightmove for rent - deluded price. of course. its been empty since completion. hee hee. oh - and for the record. my often posted...

right_freds_dead, on 09 November 2009 - 02:01 PM, said: pre thatcher a lot of unemployed people had council houses and the rents (if unemployed) we affordable to the taxpayer. now you take that same tenant and that same council house and hand it over to the private market and the rents jump from £320 per month to £1200 per month. all has to be paid out of taxation. a fake short term economic model. council houses save governments big...

Cozza, on 09 November 2009 - 01:47 PM, said: Change is afoot. In the last few weeks I've been made aware of landlords receiving notiifcation that their tenant's housing benefit is going to be cut massively! From £950.00 pm, to £700pm, and then £600pm. I assume this change in policy is relatively new and that private landlords with Tenancy Agreements of 12 months are going to be hit really hard. Anyone else have any...

miko, on 09 November 2009 - 06:11 PM, said: Guy I worked with bought his council house about ten years back,well below the market price at the time. He lived in it for another few years then bought another house. letting the council house. The council took the house on a long lease and pay him three times the rent that he used to pay them. Madness and he agreed that it was all totally wrong , however he stated that even though the whole...

Stars, on 11 November 2009 - 02:26 PM, said: Yes it is- but landlords are enabled to charge for far more then the mere provision of housing. To the degree they can charge others for things they don't provide (the value of local schools. road, police etc etc), they are parasites The same logic could apply to a whole host of services and transactions (in Belgravia you wil pay more for everything from a house to a bag of potatoes than...

Excellent. The LA sets the rents which sets the "value". With LA pushing rents down what does that mean for HP's? About f'ing time these people stopped paying so much for a bit of shelter. Oh, happy days! This post has been edited by REP013 : Today, 06:18 PM

miko, on 09 November 2009 - 06:11 PM, said: Guy I worked with bought his council house about ten years back,well below the market price at the time. He lived in it for another few years then bought another house. letting the council house. The council took the house on a long lease and pay him three times the rent that he used to pay them. Madness and he agreed that it was all totally wrong , however he stated that even though the whole...

Confusion of VIs, on 11 November 2009 - 01:53 PM, said: Isn't provision of housing equally a service. Yes it is- but landlords are enabled to charge for far more then the mere provision of housing. To the degree they can charge others for things they don't provide (the value of local schools. road, police etc etc), they are parasites This post has been edited by Stars : Yesterday, 02:26 PM

I spoke with an experienced CAB guy last week who confirmed that housing benefit in southern counties has been reduced by 10%.

I can see BTLers getting leathered here, as Gordo runs out of cash rents get reduced BIG time, as "QE" is cut £ starts to fall forcing rates up.........BINGO. Mike