Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Generation Rent Slams 'Unacceptable' Budget Over LHA Freeze
Generation Rent's chief executive has described Chancellor John Healey's refusal to increase Local Housing Allowance (LHA) as unacceptable. Holly Williamson, who was a member of Healey's staff until earlier this year, said renters have to decide whether to heat their homes, put food on the table, or pay their landlords.
The criticism follows the Budget and centres on the decision not to raise LHA rates. For letting agents and inventory clerks, the LHA freeze is a key policy issue, as it directly affects affordability for tenants who rely on housing benefit to cover their rent.
Generation Rent is an activist group that campaigns on behalf of renters. The report by Landlord Today notes Williamson's previous role as a member of the Chancellor's staff until earlier this year.
No further details of the Budget measures or any response from the Chancellor were included in the source report.
Source: Landlord Today