London Property News
London Property News: 020 7644 2329
Paramount Estate Agents

150 West End Lane
West Hampstead
London, NW6 1SD

Sales: 020 7644 2331
Web: London Estate Agents
News: Sales Agents News
Blog: London Estate Agents

Lettings: 020 7644 2332
Web: London Letting Agents
News: Lettings Agent News
Blog: London Letting Agents

Investment: 020 7644 2333
Web: UK Property Investments
News: UK Investment News
Blog: UK Property Investments

Twitter: West Hampstead
Facebook: Paramount
Youtube: Paramount Property

London Property News: Housing allowance cuts 'could force landlords out of private rented sector'

By: Paramount-Magazine  Published Date: 21 Sep 2010 13:34
news article image

The proposed cuts to local housing allowance (LHA) will force landlords to stop offering property to rent in London and other parts of the country at a faster rate, the Residential Landlords Association (RLA) has said.

Alan Ward, chairman of the RLA, said there is already evidence that landlords are moving out of the private sector and the cuts will only expedite this trend. This would then lead to a lower number of private houses and flats to rent in London.

"It can't be overemphasised how hostile [landlords] are to the current system of direct payment and we want to see a return to the old system of allowing tenants to choose," Mr Ward said.

He highlighted a poll conducted by the RLA, which reveals that 75 per cent of landlords said they will not be prepared to reduce their rental levels as a result of government proposals, while over half (54 per cent) said they plan to stop letting to housing allowance claimants.

According to research from the National Landlords Association, the proposed cuts to LHA could result in up to 90 per cent of private landlords being less likely to take on a tenant receiving benefits.
 

London Property Lettings News: Lettings
London Property Lettings News: Property For Rent In London
news article image

First Time Property Buyers News: 90 per cent...

A larger variety of 90 per cent LTV mortgages are available....

news article image

London Commercial Property News: Commercial development activity rises...

Commercial property development on the rise....

news article image

London Property Market News: Brits enjoy living near...

Brits like to live near a good pub, a study has found....

news article image

First Time Property Buyers News: High LTV mortgages...

First time buyers should keep a close eye on the mortgage market....

news article image

Landlord and Tenant News: Landlords positive about buy...

Landlords are positive about the buy to let market's outlook....

news article image

Landlord and Tenant News: Landlords advised to carry...

Landlords are advised to carry out pre-tenancy screenings....

London Estate & Letting Agents

North West London Properties: Buying, selling or renting? Please feel free to browse through our daily updated flats & apartments for sale or flats & apartments for rent in Barnet, Brent and Camden

London NW8 / W9:: St John's Wood, Little Venice and Maida Vales Search for the best flats & houses on the market & the latest London property market news, reports & surveys

London NW6:: Property sales, lettings and investments in Brondesbury Park, Brondesbury Village, Fortune Green, Kilburn, Queens Park, South Hampstead and West Hampstead

London NW3: Belsize Park, Hampstead, Hampstead Village and Swiss Cottage property prices, buy to let investments, landlord advice, rental yields and returns & housing market analysis, trends and forecasts

London NW2 / NW10:: North West London.flats, apartments, houses, studios & lofts for sale and to rent in Child's Hill, Cricklewood, Hocroft Estate, Kensal Rise, Willesden Green and Mapesbury Estate

Derelict & Distressed Properties: Run down London shops, offices, pubs, bars, hotels, showrooms, supermarkets and other retail units or business premises for sale

London Property Market News

London Property Prices London property price news, reports, information and data relating to the housing market, house prices, mortgage rates and home loan lending, property market sectors, brownfield, derelict and development land sales

London Property Surveys housing market and property price surveys from the Halifax, Nationwide, HomeTrack, RICS, NAEA, ARLA, Land Registry, HMRC, etc

London Property Market investment and development news, residential, commercial, licensed, leisure, office, retail, industrial, healthcare and student housing market in London

Property Advertising & Marketing portals & websites such as Google, Twitter, Facebook, Rightmove, Primelocation, FindaProperty, Net Lettings, Zoopla and Globrix

London Property News, housing surveys & reports, house price trends & predictions for London property buyers, vendors, landlords, tenants, investors and developers.

First Time Buyers buying a house, flat, studio, loft or apartment for the first time, we advise on full ownership, shared equity, shared ownership & part buy part rent schemes

London Lettings & Estate Agents

North West London: If you are buying or selling a property in London register with Paramount Properties to receive SMS and Email listis of properties for sale and rent in Barnet, Brent and Camden

Estate Agents on Twitter: Join Paramount Estate & Letting Agents on Twitter for Tweets on the best flats & houses on the market & the latest London property market news, reports & surveys

Estate Agents on Facebook: Join Paramount Estate & Letting Agents on Facebook to network and communicate with Paramount sales, lettings and investments staff in West Hampstead

Estate Agents RSS Feeds: News on London property rentals, buy to let yields, landlord advice, best rental returns & housing market analysis. Join our Property Rental News RSS Feed

Property Rental Listings: Subscribe to our Property Rental Listings RSS Feed to receive the latest flats, apartments, houses, studios & lofts for rent in North West London.

Property Marketing & Advertising on estate agency & property websites for Advertising & Marketing, Search Engines & Portals, Professional Photography, Journalists, News Feeds & PR, Magazines & Publications