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House Price Crash Forum

How They Work Out Lha


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HOLA441

http://lha-direct.voa.gov.uk/ListofRents.aspx?SearchResultsPageParameters=true&Postcode=ol9%2b8da&LHACategory=999&Month=1&Year=2014&SearchPageParameters=true&BrmaId=61

LHA Category Number of rents Minimum Rent £pw Maximum Rent £pw LHA Rate £pw

Shared Accommodation 1138 £28.85 £99.00 £65.00

One Bedroom 747 £63.46 £196.15 £97.09

Two Bedrooms 1996 £64.62 £403.85 £114.23

Three Bedrooms 827 £69.04 £484.62 £126.92

Four Bedrooms 117 £137.31 £507.69 £187.50

Those figures are per week.

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HOLA442
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HOLA443

http://lha-direct.voa.gov.uk/ListofRents.aspx?SearchResultsPageParameters=true&Postcode=ol9%2b8da&LHACategory=999&Month=1&Year=2014&SearchPageParameters=true&BrmaId=61

LHA Category Number of rents Minimum Rent £pw Maximum Rent £pw LHA Rate £pw

Shared Accommodation 1138 £28.85 £99.00 £65.00

One Bedroom 747 £63.46 £196.15 £97.09

Two Bedrooms 1996 £64.62 £403.85 £114.23

Three Bedrooms 827 £69.04 £484.62 £126.92

Four Bedrooms 117 £137.31 £507.69 £187.50

Those figures are per week.

Those were for Manchester

In Oldham

Shared Accommodation 33 £45.69 £80.81 £57.73

One Bedroom 229 £63.46 £161.54 £83.08

Two Bedrooms 1741 £68.08 £229.62 £98.08

Three Bedrooms 797 £69.23 £415.38 £114.23

Four Bedrooms 144 £98.08 £276.92 £150.00

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HOLA444

How much was council tax before they sold off all the council houses in the 80s?

In all seriousness, how were we able to build and maintain state housing stock for so much less than we now have to rent it back for from private landlords?

Anyone care to estimate what the sale of state housing has cost the UK so far? Hundreds of billions surely?

Edited by byron78
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HOLA445

Selling off the council houses wasn't such a loss.

They (or, "we taxpayers") got a big % of the market price of freehold property and what did they give in return? A property on which they would receive a minimal rent whilst retaining full repair, maintenance and upgrade obligations. And not even a property they could see being returned any time soon - given that council tenancies are inheritable you could be looking at a century.

I suspect they made gains rather than losses.

The fault lies with the current high level of HB payments and, previously, with the non-viable rents and leases.

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HOLA446

Selling off the council houses wasn't such a loss.

They (or, "we taxpayers") got a big % of the market price of freehold property and what did they give in return? A property on which they would receive a minimal rent whilst retaining full repair, maintenance and upgrade obligations. And not even a property they could see being returned any time soon - given that council tenancies are inheritable you could be looking at a century.

I suspect they made gains rather than losses.

The fault lies with the current high level of HB payments and, previously, with the non-viable rents and leases.

Certainly gains immediately.

25 years of ever increasing HB payments to private landlords must now total hundreds of billions though?

Seems ludicrous the state is essentially renting off private landlords (many of which bought off the state in the first place) instead of building more homes.

Apparently subsidising rents makes more sense to the state than house building?

What were HB payments in the 80s? How much have they gone up since we sold off all the council houses?

The other consequence of the sell off of course is there is less stigma attached to the council providing housing. I had to claim HB seven or eight years ago - I probably wouldn't have bothered if the alternative was a room on an old council estate.

Edited by byron78
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