arrears have increased by 340% following the housing benefit cuts

rabbit_burrow

CLAPTON wrote: »

mortgage payments have dropped dramatically due to the very low interest rates

Which means that landlords can now earn more profit. I doubt they would drop rent considerably, you never know what's around the corner. To drop rent now, and face an interest hike would be detrimental. I should imagine many landlords will largely stick with what they were charging so that they can either stockpile money for tougher times, or to use for reinvesting & building their portfolio.

K.Tarshes

rabbit_burrow wrote: »

I doubt they would drop rent considerably, you never know what's around the corner. To drop rent now, and face an interest hike would be detrimental. I should imagine many landlords will largely stick with what they were charging so that they can either stockpile money for tougher times, or to use for reinvesting & building their portfolio.

You talk as if the landlords have a choice. Rents are falling 10% in London. Do you think that was the Landlords choice or the free market working things out because rents were too high?

dktreesea

ukcarper wrote: »

With 93% of people claiming housing benefit working will the take their jobs with them.

This is a mis-read of the original post, which said that the vast majority of new claims for housing benefit are from working households.

April 2012 figures were 5.012 million claims for housing benefit, of which the number of in work claimants was 891,050. Less than 20% of the total claimants.
(Sources: http://www.insidehousing.co.uk/tenancies/rise-in-working-housing-benefit-claimants/6522829.article, and DWP)

Those working households could well be ones where the people therein are working the minimum necessary to qualify for in work benefits, so 24 hours a week if they have children. Or households where people work fulltime, but are self employed so earn low profits. (4.2 million self employed, 700,000 or thereabouts qualifying for WTC. I would think a significant proportion of those people may also be renting and therefore eligble for housing benefit.)

It doesn't follow, just because people are working, that they should feel any better about claiming benefit than those who don't work, if they are deliberately restricting the number of hours worked (or how much effort they put into their businesses) in order to preserve their time off from work at the expense of other taxpayers.

K.Tarshes

It was in the paper again today, CAB are saying record numbers of families are seeking help from food banks and even more are asking for help with bailiffs.

Thrugelmir

K.Tarshes wrote: »

It was in the paper again today, CAB are saying record numbers of families are seeking help from food banks and even more are asking for help with bailiffs.

Hardly surprising given no one has tackled the issue of personal debt levels head on. Or wishes to bring it up for discussion for that matter. A long road ahead.

K.Tarshes

Thrugelmir wrote: »

Hardly surprising given no one has tackled the issue of personal debt levels head on. Or wishes to bring it up for discussion for that matter. A long road ahead.

A long road yes, but what is at the end of the road?

Thrugelmir

K.Tarshes wrote: »

A long road yes, but what is at the end of the road?

Another day. Tomorrow is the new norm. Little point in basing the future on the past. As the credit boom era has is over. Into a new cycle now, make a generation to get over the worst.

K.Tarshes

Thrugelmir wrote: »

Another day. Tomorrow is the new norm. Little point in basing the future on the past. As the credit boom era has is over. Into a new cycle now, make a generation to get over the worst.

Debt can not keep going up forever, we are at a point now where something has to give.

E.L.James

lawriejones1 wrote: »

That would be fine but, recent Government (i.e. Conservative ones which are obviously doctored to improve the position) still clearly show a jobless population of around 2 million, and around 600,000 jobs on offer.

What do you suggest the over 1,400,000 do to 'man up' as you so wonderfully put it?

I'm a higher rate taxpayer and have never claimed unemployment benefit but have seen what doing so has done to proud men and women who have served this country as police officers, fire fighters and in the armed forces. They feel ashamed with no good reason, suffer from depression and more.

It's easy to be a keyboard warrior and type this crap, but don't buy the Daily Mail rubbish - most people who claim deserve their paltry £60 a week.

As for squatters, I'm ambivalent. I don't believe 'prperty is theft' but I'd be pretty !!!!ed off at the many thousands of empty homes that line the streets of London mostly owned by dodgy foreign business people hiding their money from the taxman.

Many in this country do not see that what is happening in Europe is on its way to these shores.

There are so many families losing their homes due to not being able to afford the mortgage repayments or not being able to afford the rent.

They just stay in their home squatting until they get forcibly evicted. Then what can they do? They have to squat somewhere else, or be homeless until they find some shelter for their family.

There are many large estates empty, some with half finished plots the builders all left due to the GFC. With all the homeless looking for shelter I personally do not blame them.

Some on this thread call them layabouts yes lazy arent they. Why dont they just go and get a job, after all its easy isnt it? There are loads of jobs easy to get, bunch of lazy wasters.

Same for the 2million and growing unemployed in this country, there are loads of jobs very easy to get, and then its very easy to pay the rents especially in London. rents are not that high compared with miniumum wage, its easy to get the deposit together and pay the rent with loads left over to save for a deposit so they can buy their own property. After all that is the way it should be........

CLAPTON

E.L.James wrote: »

Many in this country do not see that what is happening in Europe is on its way to these shores.

There are so many families losing their homes due to not being able to afford the mortgage repayments or not being able to afford the rent.

They just stay in their home squatting until they get forcibly evicted. Then what can they do? They have to squat somewhere else, or be homeless until they find some shelter for their family.

There are many large estates empty, some with half finished plots the builders all left due to the GFC. With all the homeless looking for shelter I personally do not blame them.

Some on this thread call them layabouts yes lazy arent they. Why dont they just go and get a job, after all its easy isnt it? There are loads of jobs easy to get, bunch of lazy wasters.

Same for the 2million and growing unemployed in this country, there are loads of jobs very easy to get, and then its very easy to pay the rents especially in London. rents are not that high compared with miniumum wage, its easy to get the deposit together and pay the rent with loads left over to save for a deposit so they can buy their own property. After all that is the way it should be........

why is what is happening in (Southern ) Europe coming here?

employment is rising

repossessions are very low

we don't have large estate full of empty houses

no real comparisons here