Home » Uncategorised »
More Young People on Benefits in Private Rental Sector
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
A new report has indicated that more young people are in receipt of housing benefit in the private sector in comparison to the social.
Figures
Statistics show that there are 182,120 recipients of housing benefit under 25 in the private rented sector. In comparison, there are 94, 280 in the social sector.[1] Worryingly, the Prime Minister has claimed that this benefit will be cut for tenants under the age of 25, in order to save the Government almost £2 billion per year.
In excess of 1.6m tenants claiming housing benefit live in the private rented sector. Interestingly, more than 3.3m people receiving the same benefit reside in the social sector.[1]
[1] http://caridonproperty.co.uk/2012/11/09/more-younger-people-on-housing-benefit-in-private-sector/
