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Landlords face increased arrears risk as housing allowance gap widens

Propertymark warns that landlords face a greater risk of arrears and failed tenancies due to a widening gap between Local Housing Allowance (LHA) and market rents. The professional body has urged the DWP to restore LHA to at least the 30th percentile of local rents.

  • Propertymark states that landlords face a greater risk of arrears and failed tenancies when housing support does not cover full rent.
  • Research from February 2025 indicated that only 2.7% of private homes advertised were affordable for housing benefit recipients, a decrease from 12% in 2021-22.
  • Propertymark has written to DWP minister Baroness Sherlock, advocating for LHA to be restored to at least the 30th percentile of local rents and updated annually.

Landlords are facing an increased risk of arrears and failed tenancies, according to Propertymark. This is attributed to housing support leaving benefit-receiving tenants unable to cover their full rent.

Propertymark has written to DWP minister Baroness Sherlock, urging the restoration of Local Housing Allowance (LHA) to at least the 30th percentile of local rents, with annual updates. The professional body also suggests considering a move to the 50th percentile when public finances permit, alongside improved local market data.

LHA sets the maximum amount many private tenants can receive for rent through Universal Credit or Housing Benefit. Research published in February 2025 found that just 2.7% of private homes advertised for rent were affordable for housing benefit recipients, a notable drop from 12% in 2021-22.

Propertymark's head of policy and campaigns, Timothy Douglas, stated that while the Crisis and Resilience Fund is welcome, frozen LHA rates undermine affordability in the private rented sector during a period of rising rents. This situation, he added, reduces access to housing for those most in need, increasing the risk of homelessness and straining local authority budgets.

The professional body supports provisions in the Renters’ Rights Act aimed at preventing discrimination against benefit recipients. However, it notes that these protections will have limited impact if housing support continues to make most available homes unaffordable for claimants.

Why this matters: The growing disparity between Local Housing Allowance and market rents could lead to increased financial instability for both landlords and tenants receiving benefits, potentially exacerbating housing access issues for low-income households.

What this means for you: If you are a landlord, you may face a greater risk of arrears and failed tenancies. If you are a tenant receiving benefits, you may find it increasingly difficult to afford private rented accommodation due to the gap between housing support and market rents.

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