BPF calls for direct LHA payments

Published on

The British Property Federation (BPF) has repeated calls for direct payment to landlords from Local Housing Allowance (LHA) claimants to be reinstated.

This follows the publication of the LSL December Buy to Let Index which shows that 11.7% of all UK rent was unpaid or late by the end of December, rising from 9.7% in November. Unpaid rent totalled £276 million across the UK in December, the highest total since December 2009.

Ian Fletcher, director of policy at the British Property Federation, said: “Christmas is an expensive month for all with the pressure to ensure presents under the tree come the 25th. But Christmas should not be bankrolled by long suffering landlords by not passing on December’s rent.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Target Group launches staff AI programme for regulated finance

Target Group has launched an AI Champion programme to encourage the responsible use of...

Employment history rises up brokers’ mortgage search agenda

Employment history became a more pressing concern for mortgage brokers in July as changing...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested...

Revived Help to Buy would inflate prices: Lamdin

Restoring Help to Buy would strengthen developers’ sales without solving the underlying affordability crisis...

Latest publication

Other news

Target Group launches staff AI programme for regulated finance

Target Group has launched an AI Champion programme to encourage the responsible use of...

Employment history rises up brokers’ mortgage search agenda

Employment history became a more pressing concern for mortgage brokers in July as changing...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...