{"id":138212,"date":"2023-07-05T18:20:51","date_gmt":"2023-07-05T11:20:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-housing-crisis-isnt-just-about-mortgages-private-renters-desperately-need-help-too-alex-diner\/"},"modified":"2023-07-05T18:31:38","modified_gmt":"2023-07-05T11:31:38","slug":"the-uk-housing-crisis-isnt-just-about-mortgages-private-renters-desperately-need-help-too-alex-diner","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-housing-crisis-isnt-just-about-mortgages-private-renters-desperately-need-help-too-alex-diner\/","title":{"rendered":"The UK housing crisis isn\u2019t just about mortgages \u2013 private renters desperately need help too | Alex Diner"},"content":{"rendered":"


\nThe local housing allowance freeze is pushing many tenants into dangerous, poor quality accommodationWe are in the midst of not just one housing crisis, but multiple overlapping crises. As interest rates have soared, attention has understandably focused on the explosion of the mortgage \u201ctimebomb\u201d; the 4.2m households in Britain who have had their mortgage rates change and face sharp increases to their repayments, as well as the 3.3m households yet to do so. But another of our housing crises \u2013 that faced by low-income private renters \u2013 also made a rare foray into the limelight this week.While the chancellor, Jeremy Hunt, has uprated other forms of social security with inflation, housing benefit for private renters \u2013 through a mechanism called local housing allowance (LHA) \u2013 remains frozen at 2020 levels. As a result, the Institute for Fiscal Studies has found that LHA covers only 5% of private rentals. Continue reading…
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\nSource : theguardian.com
\nRead more…The UK housing crisis isn\u2019t just about mortgages \u2013 private renters desperately need help too | Alex Diner<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The local housing allowance freeze is pushing many tenants into dangerous, poor quality accommodationWe are...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138212","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zXe","jetpack-related-posts":[{"id":147948,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-income-renters-will-struggle-after-uk-housing-benefit-freeze-experts-warn\/","url_meta":{"origin":138212,"position":0},"title":"Low-income renters will struggle after UK housing benefit freeze, experts warn","date":"November 3, 2024","format":false,"excerpt":"\r Rachel Reeves\u2019s budget criticised for keeping local housing allowance at same level despite rising rent costsLow-income renters will struggle to afford housing costs after Rachel Reeves\u2019s decision to freeze the amount of housing benefit they receive in the budget, experts have warned.Liz Kendall, the work and pensions secretary, confirmed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-of-renters-could-be-evicted-in-june-will-the-government-protect-them-david-renton\/","url_meta":{"origin":138212,"position":1},"title":"Thousands of renters could be evicted in June. Will the government protect them? | David Renton","date":"May 8, 2020","format":false,"excerpt":"\r The coronavirus-related freeze on evictions is ending \u2013 and the new \u2018pre-action protocol\u2019 relies on the kindness of landlordsCoronavirus \u2013 latest updatesSee all our coronavirus coverageWhen the lockdown ends what will happen to tenants? Almost nine million households, more than a third of all families in Britain, rent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-costs-rise-41-over-five-years-for-renters-and-owners-study-shows\/","url_meta":{"origin":138212,"position":2},"title":"UK housing costs rise 41% over five years for renters and owners, study shows","date":"March 16, 2026","format":false,"excerpt":"\r Borrowers coming off fixed deals hit hard as Savills says big spike in interest payments made up half the overall rise UK households spent a record \u00a3226bn to keep a roof over their heads last year, figures showed on Monday, with mortgage borrowers finishing fixed-rate deals particularly hard hit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/about-700000-uk-households-missed-rent-or-mortgage-payment-last-month\/","url_meta":{"origin":138212,"position":3},"title":"About 700,000 UK households missed rent or mortgage payment last month","date":"May 9, 2023","format":false,"excerpt":"\r Which? figures show Britons struggling with loans, cards and bills as interest rates and inflation soarAn estimated 700,000 UK households missed or defaulted on a rent or mortgage payment last month, according to data issued days before another expected rise in the cost of borrowing.Missed housing payments were \u201cparticularly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/elder-housing-crisis-looming-if-more-houses-not-found\/","url_meta":{"origin":138212,"position":4},"title":"Elder housing crisis looming if more houses not found","date":"August 8, 2017","format":false,"excerpt":"\r A housing crisis may be looming as Tauranga's population of struggling older renters grows. In 12 years time, it is projected the city will have nearly twice as many older (60-plus) households needing help to get an affordable rental,...\r \r Source : nzherald.co.nz\/Property\r Read more...Elder housing crisis looming if\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/elderly-renters-crisis-looming-in-housing-for-retirees\/","url_meta":{"origin":138212,"position":5},"title":"Elderly renters: Crisis looming in housing for retirees","date":"October 1, 2018","format":false,"excerpt":"\r When Audine Robson imagined her golden years, she didn't picture herself flatting.But in her seventies, with money tight, she's sharing a large Auckland home with 11 other pensioners. There may not be the loud music, dirty bathrooms,...\r \r Source : nzherald.co.nz\/Property\r Read more...Elderly renters: Crisis looming in housing for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138212"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=138212"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138212\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}