Benefit Changes Hit Landlords
Published / Last Updated on 15/05/2008
Benefit Changes Hit Landlords
Lenders have warned that changes to the way housing benefit is paid to low-income earners could have negative implications for buy-to-let investors. Changes were recently made where landlords previously received the tenants rent directly from the local authority, those renting now receive the allowance themselves, this could cause problems for buy-to-let investors.
Our view
Buy to let investment has been extremely popular in the last 10 years. For those who let to benefit claimants, thy may now be moving into a more difficult period of revenue collection.
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