Tenants Feel the Pinch as Housing Benefit Cuts Come into Effect

When it comes to housing benefits the long term needs to be looked at.

Existing tenants will start to feel the pinch this month as their benefits are reduced by an average of £83 per week due to the housing benefit cuts introduced last April.

The UK government hopes the alterations to housing benefit payments will both save money and reduce private rents.

However, many opposed to the new restrictions say that placing caps on benefit payments will force many claimants and their families living in prosperous areas to move out of their homes and into poverty.
Others are raising the question of whether it is right that the state should be paying people to live in areas and houses that most taxpayers simply cannot afford.

 

Read the full story at Property118.com

You may also like...