Is the LHA Allowance stopping you renting HMO’s to the less well-off?

By Matthew Moody | Property Investing

May 07

This is just a quick one as I only just saw this but there’s an online petition being put together to complain about the current state of the Local Housing Allowance and its impact upon both tenants and landlords.

Fancy renting out to a person receiving LHA only for them NOT to pay you?  I didn’t think so.

For the full details of the petition, take a look here:

http://landlordsactiongroup.blogspot.com/

Even Shelter are getting in on the act so watch this spare and lets see if anything is changed?

After having 4 tenants now go through LHA, I can say that I’m not impressed and as ALL of them have been late in paying, I’ve had to revert to getting the rent paid directly to me.  Had they had done this in the first place, we’d all have been better off.

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About the Author

Matthew founded Your HMO Expert in 2006 and since then have provided the authoritative place on the web to come to find out how HMO Property Investment works and how you can get started.

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