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RLA publishes local housing allowance table guide 2014/15

RLA
Written by RLA

Landlords can now view the 2014/15 Local Housing Allowance (LHA) rates for every local authority, thanks to the Residential Landlords’ Association…

Landlords can now view the 2014/15 Local Housing Allowance (LHA) rates for every local authority, thanks to the Residential Landlords’ Association.

The RLA guide explains what LHA is, and a table is provided to outline the housing benefit rates that landlords can expect for the forthcoming financial year for tenants in receipt of them.

The rates come into effect on the 1st April 2014.

[button href=”http://www.rla.org.uk/landlord/guides/local_housing_allowance_rates.shtml” align=”left”]Read the guide now[/button]

Contrary to a recent private landlord coming out and claiming that they would be dropping their housing benefit tenants, the RLA is committed to providing private landlords with the tools and expertise it takes to support these potentially vulnerable tenants.

Housing benefit expert and RLA consultant, Bill Irvine, has written a series of articles and guides to help provide landlords with peace of mind that renting accommodation to benefit tenants can be a rewarding and mutually beneficial arrangement.

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RLA

RLA

The Residential Landlords Association (RLA) represents the interests of landlords in the private rented sector (PRS) across England and Wales. With over 23,000 subscribing members, and an additional 16,000 registered guests who engage regularly with the association, we are the leading voice of private landlords. Combined, they manage almost half a million properties.

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  • No increase for Lancaster its the same as last year, is this the governments way of reducing rent? Has there been no increase in rents over the last 5 years?
    Why would landlords keep housing benefit clients when the true rental return has been going down year after year.

    • All welfare benefits have been frozen at April 2012 level – apart from the 1% pa increases for 2013/14/15.

      Thus LHA was frozen at 30th percentile in 2012 – and increased only by 1% pa from 2013 – 2015 inclusive.

      LHA has thus ceased to have any reference to actual local rents as of April 2012 – and is effectively “withering on the vine” with even less than 30th percentile being covered as private rents increase year on year.

      Irrespective of location – there is also the national LHA cap at £400 weekly – even for a 4 bed property in central London – hence the increasing exodus of low income families from high housing cost locations.

      This was all announced in the June 2010 Coalition budget – so there should be few surprises

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