Landlords short sighted in shunning Local Housing Allowance tenants
Residential lettings agency Jordan's is encouraging landlords to consider letting to social housing tenants as the housing shortage continues.
Recent research by the National Landlords Association (NLA) has found that one in five private landlords are now refusing to take on new tenants in receipt of the Local Housing Allowance, in wake of the welfare reforms.
William Jordan, MD of North West based agency Jordan's said, "We manage many social housing properties across the North West and landlords are no more likely to face issues than with private tenants.
"We safeguard our landlords with our On-Time product, which pays the landlord on the same day every month, regardless of whether the tenants pays. Landlords should also insist that social tenants have a guarantor. Existing claimants who have a track record of claiming benefits can be offered reliable, regular, fixed tenancies.
"At a time when rental properties are needed more than ever, private landlords should always consider social tenants".
News article is from the Property Drum magazine.
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