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EDW

Nice Example Of Housing Benefit 'jackpot'

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This Band C, three bed flat recently sold before auction.

£750pw is the LHA limit for three bed in this area. They may, of course be renting without HB but seems v. unlikely as you can rent a small house for same money.

http://auctions.savills.co.uk/lond_previous_auction_lot.asp?pos=89

16 Kennet House, Church Street Estate, St Johns Wood, London NW8 8HB

Tenancy

The flat is let on a 12 month General Tenancy Agreement from 1st September 2010 at a rent of £3,250 per month.

Result £287,000

Total Current Rent £39,000 per annum

Edited by EDW

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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