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Revealed: The Millions Spent On Temporary Homes


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HOLA441

Inside Housing Magazine 08.05.09: link

Craazaay...

The government has revealed for the first time the staggering sums of money claimed by councils to put

homeless families in temporary accommodation.

Newham Council topped the league of big spenders, paying out £71 million in one year to lease homes

from private sector landlords.

The figures are revealed in the Local spending report England for 2006/07. The report is the first of its kind to be

published, and gives a detailed breakdown of spending by every local authority in the country...

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A lot of BTLers originally intended their properties to be rented out by 'professional, working' types but surely must now realise the real money is in letting out via the local council.

Those far-off days when rental ads used to say 'No DSS' will very quickly disappear. You can, I believe, make more money renting out via the council and you have guaranteed income as the council are paying. No worries about your tenant losing their job and falling behind with their rent.

The only BTLers (often been doing it for years and own property outright) making money are those housing the homeless and/or those claiming housing benefit.

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It would be interesting to know what it cost Newham in administration, in addition to what they shelled out to landlords. Housing assistants, social workers, admin, enough staff to deal with 5600 families - that's got to be another few million right there...

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HOLA4410
article says they housed 5600 families at a cost of 71 million

so works out about £1000 per month per family

is that high for that area of London?

About average, you would get a basic three bed house for that or a two bed new build flat.

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Yes and these fkin muppet councils force up rents for everyone else.

Yes , and during the boom the council and housing associations forced up the prices to buy , as they were mopping up all the property that came on the market and paying the full price.

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article says they housed 5600 families at a cost of 71 million

so works out about £1000 per month per family

is that high for that area of London?

A new build 2 bed flat in Stratford will set you back around £1000 a month to rent - you can't expect those on housing benefit to slum it. A house - where you could house a family - could be more.

Even not so nice areas like Newham are way beyond most people even to rent - half the adults of working age in that borough (18-64) don't work.

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A new build 2 bed flat in Stratford will set you back around £1000 a month to rent - you can't expect those on housing benefit to slum it. A house - where you could house a family - could be more.

Even not so nice areas like Newham are way beyond most people even to rent - half the adults of working age in that borough (18-64) don't work.

everything is so messed up

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HOLA4415
A new build 2 bed flat in Stratford will set you back around £1000 a month to rent - you can't expect those on housing benefit to slum it. A house - where you could house a family - could be more.

Even not so nice areas like Newham are way beyond most people even to rent - half the adults of working age in that borough (18-64) don't work.

Welcome to reverse world, where houses in areas with high uneployment have higher rents than houses in areas with full employment.

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