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SarahBell

Homeless Charity Gives Letting Agency A Boost

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http://www.bbc.co.uk/news/uk-34743526

A letting agency has been paid more than £5.5m in housing benefit after its owner set up a charity to help the homeless, the BBC has learned.
Investing Solutions received those benefit payments over the past two years by finding properties for single homeless men.
The charity, Fresh Start Housing, finds clients from London homeless charities.
Neither the charity nor the company act illegally, but a homeless group says the relationship is "a new low".

The letting agent makes money by putting several unrelated people in one house and charging housing benefit for each person, rather than the property. Therefore, the total benefit payout is higher than the rent fee passed on to the property's landlord.


And then the article mentions the state of the properties.

Edited by SarahBell

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