Most letting agents say their landlords are unwilling to accept Universal Credit tenants
Research by the website Politics.co.uk has revealed that private landlords across the country are refusing to let their properties to Universal Credit claimants. 69% of letting agents questioned said that they had no landlords currently on their books who would accept tenants on the new benefits system.
The research appears to be backed up by findings from a poll of members conducted by the National Landlord Association, which found that just two in ten landlords would be willing to let to tenants on Universal Credit.
Richard Lambert, chief executive of the NLA, yesterday said, “Underlying all the problems with Universal Credit is the freeze on housing benefit rates, which means that the housing element of Universal Credit is simply insufficient for many tenants to be able to cover their rent.”
Full story available from Property Industry Eye: http://www.propertyindustryeye.com/seven-in-ten-letting-agents-say-their-landlords-will-not-accept-universal-credit-tenants/