News items by Tag: News Category
London may routinely win the dubious race to be the most expensive place in the world to buy a home but when it comes to rental property, it comes only fifth.
ECA International, a body that analyses expenses associated with globe-trotting business executives, says high-end rents for an executive's typical apartment - three bedrooms, in a sought-after area of the capital - have risen about two per cent in London in the past year and now stand at £5,000 per month.
Housing benefits payments in four out of ten North East homes will rise this year – proving to one landlord that “blacklisting benefits tenants is beyond bonkers”
The Department for Work and Pensions this week published the Local Housing Allowance rates – the allowances paid to people claiming housing benefits - which will take effect from April this year.
The average London rent is now 102 per cent more than the national average, according to analysis released today.
According to BM Solutions, the average rent in the capital is now £1,417 per month whereas the national average is £701.
A Labour MP's bill calling for the bedroom tax to be scrapped will get a second reading after successfully passing its first hurdle.
Wansbeck MP Ian Lavery (pictured) yesterday introduced a 10-minute bill on scrapping the controversial under-occupation penalty, which was backed by 226 votes to one.
Two thirds of households hit by the bedroom tax have fallen into rent arrears, according to new research published today.
An Ipsos MORI survey of 183 housing associations carried out for the National Housing Federation found that 66% of their residents affected by the controversial policy are struggling to pay their rent, with more than a third (38%) reported to be in debt because they were unable to pay the bedroom tax.
More than half a billion pounds has been spent by London's boroughs on emergency housing since the general election, new figures have revealed.
Local authorities have spent more than £630 million since 2010 on placing people in temporary accommodation, such as hotels and B&Bs, after they presented themselves as being homeless.
A property website specialising in LHA tenants says the current media rhetoric around tenants on benefits is stigmatising the LHA market.
DSSmove.co.uk, a website tenants searching for LHA properties, claims Channel 4’s controversial ‘Benefits Street’ and Fergus Wilson, the Kent-based professional landlord who recently announced that he will no longer be accept benefit tenants, are giving a heavily distorted impression of the market.
More than 67,000 rental households across the UK now owe more than two months’ rent according to LSL Property Services.
The firm’s quarterly rental market analysis, looking at October to December inclusive, shows that those in severe arrears rose 2,000 since the third quarter of 2013. Even so, the number of households in severe arrears is still 26 per cent below the rate a year ago.
Data from the new Move with Us Rental Index, which focuses on Greater London, has revealed that there is now a £4,411 gap in asking rents across the capital.
The most expensive borough in November 2013 was Kensington and Chelsea at £5,438 per calendar month, and Bexley the cheapest at £1,027.
More young people are at risk of homelessness due to high rents, low benefits and a lack of decent housing, homelessness charity Crisis has warned.
As the charity opens its 'Crisis at Christmas' centres today, it is launching 'Shut Out', a new campaign calling for more to be done to stop young people becoming homeless.
