Industry welcomes Universal Credit change to pay landlords directly

Industry welcomes Universal Credit change to pay landlords directly


Todays other news
Lloyds has become a big Build To Rent player...
The business will be part of John Shepherd, Lomond's local...
This week's announcement is just the start...
It's a franchise resale by Belvoir...
The franchise giant has reported latest figures to its shareholders...


The lettings industry has welcomed news that reforms to Universal Credit will include a new online system for private landlords to get rents paid directly to them.

Advertisement

The news was one of a number of reforms announced at the end of last week by Work and Pensions Secretary of State Amber Rudd.

Advertisement

Chris Town, vice chair of the Residential Landlords Association, says: “Our most recent research has shown that 61 per cent of landlords with tenants on Universal Credit have seen them go into rent arrears, up from 27 per cent in 2016.

Advertisement

“Improving, and speeding up, the process by which payments can be made directly to the landlord has been a central part of the RLA’s campaign on Universal Credit. 

“Anything that helps this will give landlords much greater confidence in the system and ensure tenants have greater security in the knowledge that their rent payments will be met.”

Advertisement

Rudd also announced that the cap which meant families could only get Universal Credit for two children would not be extended to children born before the rule came into place.

The restriction was due to be extended this February and would have meant that new applicants would have had benefits – currently £2,780 a year per child – limited to two children whenever they were born.

Advertisement

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Hand holding a magnet attracting network icons representing leads and connections.
This week's announcement is just the start...
Magnifying glass over stacked coins with percentage signs for property investment.
The franchise giant has reported latest figures to its shareholders...
Stack of coins with a rising financial graph on a chalkboard.
But the trend varies significantly in different parts of the...
Under construction brick building with scaffolding and wooden planks.
Landlords are selling up and rents are rising as a...
This is apparent in the prime lettings segment, it's claimed...
More details will be released by the government later this...
Recommended for you
Latest Features
Lloyds has become a big Build To Rent player...
The business will be part of John Shepherd, Lomond's local...
This week's announcement is just the start...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.