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  • Buy-to-Let

    Crisis Campaign re LHA single person age change to 35

    This release predicts a massive number of homeless people sleeping rough as a result of increasing the age requirement for people entitled to 1 bed housing benefit entitlement for houses to 35 from 25.

     

    From my own experience I know many landlords will now only take 35 year old + tenants ahead of the changes due to be implemented in January 2012.

     

    However - the human and social cost of this looks to be very far reaching as the Crisis release highlights;

     

    http://www.crisis.org.uk/news.php/239/dr...h-sleeping

     

    We've long being a supporter and commercial sponsor of Crisis. They do a magnificent job.

     

    If anybody wants to join the campaign to support Crisis, click here; http://www.crisis.org.uk/pages/read-all-about-it.html

     

    Twitter @NPGLettings

    http://www.NationalPropertyGroup.co.uk

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    Not sure it will lead to more on the streets. Probably boost the HMO market and create greater demand for shared flats.
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    He Joanna - I suppose there will be more HMO demand as a result of people in 1 bed houses/flats being asked to move on in favour of 35 year olds

     

    However HMO shared rate is very low - and you also get more than your fair share of unsavioury landlords in this sector.

     

    But how many HMO's for shared people are there?

     

    I've just bought one and I'm changing it to self contained because the rents go from £240 to £325 - 35% more.

     

    Times that by 7 units, it adds up.

     

    More and more landlords will do this (just like more and more landlords decide not to let to LHA tenants due to reduced rents)

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    I only take 35 year olds for one bed flats but I have a feeling that this proposal will not go through.However, just to be on the safe side I may have to evict a 27 year old sometime this year if the Government does not back down.
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    Hi Glen; good post re: Crisis. 

    Do 7 HMO rooms go into 7 s/c units ? I'm assuming s/c means a bathroom in each one. There has to be a minimum size for a s/c unit I know

     

    Before anyone mentions it this is not a skeptical question, I am genuinely interested.

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