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21/12/2009
Change to tenancy payments proposal 'early Christmas present' |
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A possible move by the government to change the law on the payment of housing benefits has been described by a landlords' group as "an unexpected Christmas present".
The National Landlords Association (NLA) has commented in its review of the year that the consultation announced this month could be very good news for those with property.
It would involve possibly reverting back to a situation where tenants in receipt of housing benefit could opt to have them paid directly to their landlords, unlike the current situation where the money goes to the tenant, which may lead to rents going unpaid.
The review will also consider allowing tenants to kept the £15 excess on their housing benefit, although the NLA also wants to see councils given more power to help deal rapidly with tenancies that run into problems.
Investors needing to deal with such issues may wish to speak to a property lawyer about the matter.
Recently, the Residential Landlords Association (RLA) argued that the government has a poor understanding of the sector.
Chairman of the body Alan Ward pointed to its decision to treat holiday lets as unearned income - despite the RLA arguing against this - as an example.
Written by Laurence Smith
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