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Housing Benefit Cap 'puts 30,000 Homes Out Of Reach'


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#1 The Masked Tulip

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Posted 06 January 2012 - 11:10 AM

Over 30,000 homes in Wales will be put out of the reach of people on housing benefit because of new restrictions on how much they receive, it is claimed.

The Chartered Institute of Housing (CIH) said changes by the UK government will mean a shortage of homes to rent in some places.

Demand will outstrip supply in all but two of Wales' 22 councils, it said.

The UK government said its reforms would restore fairness to a system that has "spiralled out of control".

From this month, housing benefit payments will be capped - from 250 a week for one-bedroom homes to 400 for a four-bed.

The CIH said Wales would be particularly badly affected leaving some local authorities with three people chasing every affordable private home to let.

It said that the biggest impact would arise from pegging housing allowance - the benefit paid to tenants of private landlords - to the bottom third of rents in any area.

The CIH estimates that 30,640 homes will be lost to the market as a result of the changes. Cardiff will see the biggest loss, with 5,590 homes put out of reach.

CIH Cymru policy and public affairs manager Vikki Hiscocks said: "These changes have a worse impact in Wales compared to other parts of the UK in terms of the imbalance between supply and demand they create.

"The human consequences of the changes will be immense with thousands of people unable to access local housing and forced to migrate raising the possibility of creating benefit ghettos."



Full story: http://www.bbc.co.uk...litics-16429879


Well, that is going to be interesting for all the BTLs in Wales. Many of them will simply no longer be able to afford their mortgages on the rents they will be able charge/get.
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The people closest to you have been trying to tell you that you have made a difference. That you did change things for the better. The Universe is vast and we are so small. There is really only one thing that we can ever truly control - whether we are good or evil.


The political triumph of the American Right has been to advance relentlessly the economic interests of the country's richest people, while emphasising a swath of moral, social and foreign policy issues that motivate and certainly distract middle-class and poor voters.

#2 The Masked Tulip

The Masked Tulip

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Posted 06 January 2012 - 01:46 PM

Big discussion on it here:

http://www.housepric...pic=173714&st=0
The success or failure of your deeds does not add up to the sum of your life. Your spirit cannot be weighed. Judge yourself by the intention of your actions and by the strength you faced the challenges that have stood in your way.

The people closest to you have been trying to tell you that you have made a difference. That you did change things for the better. The Universe is vast and we are so small. There is really only one thing that we can ever truly control - whether we are good or evil.


The political triumph of the American Right has been to advance relentlessly the economic interests of the country's richest people, while emphasising a swath of moral, social and foreign policy issues that motivate and certainly distract middle-class and poor voters.




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