Covid-19 Bounce Back loans for property businesses16:06 PM, 5th May 2020
About 4 weeks ago 47
I note that the LHA rates have been increased from 1st April 2020 – March 2021. A couple of questions…
1. Anyone know if this is ONLY a temporary measure only till March 2021, what happens after this? Will it stay at the same level going forward, or is this increase only because of Covid-19 and therefore after March 2021 there will be a reduction to another (lower) rate?
2. Are any landlords now upping their rents in light of this LHA increase going forward?
I appreciate the delicacy of the current situation, but I think its a valid question!
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