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

L&G appoints Kerrigan to drive Ignite broker rollout

Legal & General has appointed Craig Kerrigan as broker relationship manager for its Ignite...

Iress UK lifts underlying earnings as costs fall

Iress UK increased underlying adjusted earnings by 43% in the first half of 2026...

Modern auction house sales rise by 14.5%

House purchases through modern method auctions increased by 14.5% year on year as buyers...

The West Brom widens mortgage access for foreign nationals

West Brom Building Society has launched a mortgage range for foreign nationals living and...

Wealthy borrowers favour liquidity as specialist lending grows

High-net-worth borrowers are increasingly using finance to preserve liquidity and manage their wider wealth...

Latest publication

Other news

L&G appoints Kerrigan to drive Ignite broker rollout

Legal & General has appointed Craig Kerrigan as broker relationship manager for its Ignite...

Iress UK lifts underlying earnings as costs fall

Iress UK increased underlying adjusted earnings by 43% in the first half of 2026...

Modern auction house sales rise by 14.5%

House purchases through modern method auctions increased by 14.5% year on year as buyers...