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Where is best value to rent when getting the new LHA
chickmug
Posts: 3,279 Forumite
Not sure if detailed information has yet been made available on the new LHA so this question may be premature. However an important one for some help if possible. So in what areas would the new LHA go the furthest towards getting a reasonable home.
A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
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Comments
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Ref LHA
What's to stop the recipient of LHA to keep the money for himself/herself and then moving back in with parents or a friend, BF/GF?
Surely paying direct to the claimant is a recipe for all sorts of benefit fraud?
How do they know that LHA will be spent on rental costs? If its paid direct in the bank, surely it could be spent on whatever the claimant liked?0 -
hi
sorry for being thick what is LHA
netti
january NSD 1/200 -
Local housing allowance.
The new housing benefit sytem in other words. Main difference is, that money is paid directly into someones bank account:eek:0 -
whoa! scary for landlords!
netti
january NSD 1/200 -
HB can also be paid direct to the claimant, so I don't really see the difference?Gone ... or have I?0
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nettibetti wrote: »hi
sorry for being thick what is LHA
netti
Sorry I shouldn't of assumed eveyone knew. Here's a link that will explain it!
http://www.dwp.gov.uk/housingbenefit/lha/A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
nettibetti wrote: »whoa! scary for landlords!
netti
Why scary for landlords?A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
HB can also be paid direct to the claimant, so I don't really see the difference?
That's why was hoping, by now, there would be more detail to swot up on.A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
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In theory, the LHA will be an average of rents within an area, so it should hold the same respective value in all areas. In practice it is unlikely to cover the full value of many private rents, but equally there will be some who have a surplus payment.Gone ... or have I?0
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