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.
Charity: A Million Tenants 'At Mercy of Rental Market'
Citizens Advice says a million private renters in Britain who rely on housing benefit face "a punishing shortfall" between the housing benefit they receive and the cost of their rent. The charity is calling on the government to unfreeze Local Housing Allowance for private tenants on benefits.
According to the report, the charity is the latest to urge ministers to act on the Local Housing Allowance freeze. The source does not set out the specific level of the shortfall, nor any proposed new rate.
What it means for letting agents
For letting agents and inventory clerks working with tenants who claim housing benefit, the story centres on the gap between benefit awards and market rents. The report does not include further detail beyond the charity's call to unfreeze the allowance.
Source: Landlord Today