Emailed in by Lola, from Mortgage Solutions:
Chris Norris, head of policy at the National Landlords Association, gives an insight into landlords' concerns over Universal Credit...
"If the government wants to see the private-rented sector continue to take the strain of housing welfare recipients there are a number of issues which must be addressed to ensure that investment is viable and we do not see the development of an exploitative sub-prime market.
The NLA hopes that the government will respond to our requests to guarantee regular rental payments to landlords if a tenant defaults after two months and to ensure Universal Credit is linked in market rents before its rollout. The NLA also asks that mortgage providers look to lend to landlords of all tenants, irrespective of where they derive their income."
Forbidden Bible Verses — Genesis 42:1-17
4 hours ago
6 comments:
Hehe, it's full of gems:
...this capping effort is broadly accepted by landlords who are fed up of being incorrectly labelled as a parasitic drain on public coffers...
"Ok, our agreement has been too obvious to the public, but:"
It will become harder to identify a household in receipt of housing support. Universal Credit will be paid like a salary, a one monthly payment encompassing many different entitlements.
"How can we be sure the regular handouts to us don't get mixed up with the claimant's pocket money?"
Kj, it's a delight from start to finish, isn't it?
Ho Ho.
There's been a comedy comment with this link.
http://z2k.org/2013/02/financially-irresponsible-why-direct-payments-are-anything-but-simple/#comment-12341
Someone put him out of his misery, please.
Updated link to original Mortgage Solutions article:
http://www.mortgagesolutions.co.uk/mortgage-solutions/feature/2252106/housing-benefit-tenants-a-disaster-in-the-making?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Housing%20benefit%20tenants%20-%20a%20disaster%20in%20the%20making%3F&utm_campaign=04%2F03%2F13%2014.35%20Features%20%2B%20poll%20plug&utm_source=Daily&utm_medium=Email
That first comment is back of the net!
Furthermore the ignorant twerp doesn't know the difference between 'effected' and 'affected'.
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