LHA Query!

[Gemini115]

Hello,

can anyone give me any advice regarding LHA rates please?

I know the way it is worked out has changed this year and people are supposed to be able to afford to rent 30% of the property available in their area as opposed to 50% last year.There are 143 properties to rent where I live but I can only afford to rent 2 of them because of the LHA rates,is this right?I would have thought that going of the 30% rate I should in fact be able to afford to rent arounf 42 of the properties available?

I'd be grateful for anyones opinions on this.

[rebel11]

The guys will be happy to advise as soon as they are available.

[id6052]

EXAMPLE:

lets say that there are 200 private rental properties in your area of the type that would be the right size for your household, 60 other people beat you to the cheapest 60 properties (which cost less than or equal to the local housing allowance), that means out of the 140 left, all are more expensive than the local housing allowance

 

this sounds similar to what has happened in your case, a few people have rented more expensive properties, however the rest have snapped up all but two of the properties less than the LHA

 

i hope this makes sense