George Osborne lumbers Theresa May with housing crisis set to cause more misery than Bedroom Tax
Nearly 1.3 million people on low incomes could struggle to keep a roof their homes as the former Chancellor’s housing benefit freeze for tenants renting privately bites
George Osborne has lumbered Theresa May with a housing crisis which will cause more misery than even the hated Bedroom Tax.
Nearly 1.3 million people on low incomes could struggle to keep a roof over their heads as the former Chancellor’s housing benefit freeze for tenants renting privately bites.
And that knocks for six the Tory PM’s promise to create a country that works for everyone.
The freeze affects “local housing allowance”, used to work out benefit for private rents. Commons library figures show rising rents will price out hundreds of thousands of tenants.
By 2020, rents in areas including London, Hertfordshire and Brighton will be up to double the allowance.
Gavin Smart, of the Chartered Institute for Housing, said: “The loss of a private tenancy is already the biggest cause of homelessness.
“We are concerned a widening gap between benefit and rent would put more people at risk.”