BPF slams &quotmuddled&quot government thinking

Published on

The British Property Federation has criticised the government’s policy on housing benefit

It argues that while cuts to housing benefits come into effect, resulting in a likely rise in demand for houses of multiple occupation (HMOs), article 4 directions prohibiting the construction of HMOs are ‘popping up left, right and centre’

The BPF says that planned changes to the Shared Accommodation Rate could see an estimated 88,000 25-to-34-year-olds dropped from a benefit rate designed to cover the cost of a one bedroom flat, to a rate that will only cover shared accommodation

Yet research shows local authorities up-and-down the country using article 4 directions to stop the construction of HMOs, which are already in short supply and likely to come under increased pressure as thousands of 25-to-34-year-olds search for somewhere to live after the housing benefit cuts come into effect

Ian Fletcher, director of policy at the British Property Federation, said: “The government’s policy on housing for young people is wholly contradictory at present

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

Mortgages, mutuality, members and making a difference

Anyone working in the mortgage market knows that a key area of our measurement...

Reeves: Social housing must play a major role in tackling crisis

Chancellor Rachel Reeves has pledged that social housing will be central to Labour’s plans...

The Mortgage Shop and Stonebridge sign long-term deal

The Mortgage Shop (TMS), Stonebridge’s largest appointed representative (AR), has signed a new long-term...

Fintel launches Omnicore standalone distribution platform

Fintel has launched an intelligent distribution platform designed to provide a strategic conduit between...

Mortgage borrowing slows as corporate lending accelerates

Households are curbing mortgage borrowing amid a cooling housing market, despite falling rates on...

Latest publication

Other news

Mortgages, mutuality, members and making a difference

Anyone working in the mortgage market knows that a key area of our measurement...

Reeves: Social housing must play a major role in tackling crisis

Chancellor Rachel Reeves has pledged that social housing will be central to Labour’s plans...

The Mortgage Shop and Stonebridge sign long-term deal

The Mortgage Shop (TMS), Stonebridge’s largest appointed representative (AR), has signed a new long-term...