Don’t shun ten­ants claim­ing ben­e­fits

Yorkshire Post - Property - - PROPERTY -

LAND­LORD As­sist, the na­tion­wide land­lord ser­vices firm, is warn­ing land­lords not to dis­miss ten­ants who are in re­ceipt of hous­ing ben­e­fit pay­ments.

It comes fol­low­ing a re­cent re­port that re­vealed that just 18 per cent of land­lords cur­rently had ten­ants on hous­ing ben­e­fit.

Gra­ham Kin­n­ear, man­ag­ing di­rec­tor at Land­lords As­sist, says: “Prop­er­ties that tend to at­tract hous­ing ben­e­fit ten­ants of­ten pro­vide a higher yield and there­fore an en­hanced pos­si­bil­ity that the rent will be greater than the mort­gage re­pay­ment. For land­lords this is es­sen­tial to their busi­ness plan.

“It is, in our view, very short­sighted to im­pose a blan­ket ban on ten­ants in re­ceipt of a ben­e­fit award.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.