What happens next if Tenants now start to claim Housing Benefit?
I’m currently experiencing a situation that is new to me and would appreciate some good advice. My tenants are expecting their first child and have recently lost their jobs.
They told me in advance that they wouldn’t be able to pay this month’s rent and have made a claim for housing benefit.
While I am wholly sympathetic to their situation I am also highly leveraged against the property. I do not want to burden them with any more stress, but I do need some answers.
Could any experienced landlords give me some advice on what to do next or what procedures to follow?
Many thanks in advance
John
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Can't remortgage my property due to main residence link?
Member Since July 2013 - Comments: 357
1:34 PM, 12th February 2017, About 9 years ago
Hi All
When we say 1 in 5 it really does not sound to bad until you work out that is over 400,000 landlords. Who will more than likely have quite a few houses. I know one of these landlords he did have over 400 houses alone now down to 350.
So how many properties /families are truly going to be effected