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BTL on Studio flat

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Comments

  • shane42
    shane42 Posts: 293 Forumite
    thats interesting to know Socrates, thanks, do they pay the full rent or a porportion?

    thanks
  • socrates
    socrates Posts: 2,889 Forumite
    shane42 wrote: »
    thats interesting to know Socrates, thanks, do they pay the full rent or a porportion?

    thanks

    It depends on the claimant and what their entitlement is - but getting an LHA tenant is a whole different ball game and thread/subject in itself.

    Have a look on here and LandlordZone.com for all the positives and negatives.
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    socrates wrote: »
    Not true

    LHA rates (Housing Benefit) are the same for a studio flat as they are for a one bedroom flat - so in certain areas of London that can amount to a decent sum of money.

    I am not going to post loads of links to back this up as I cannot be bothered but its how the rules work on LHA

    Thanks for that information. I was thinking more about capital growth than rental yield, but I'm probably wrong on that too.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • socrates
    socrates Posts: 2,889 Forumite
    seven-day-weekend wrote: »
    Thanks for that information. I was thinking more about capital growth than rental yield, but I'm probably wrong on that too.

    You may not be wrong on capital growth - as I never sell my investment properties I do not really take much notice.
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