30 Percent Reduction LHA Rate

Introduction I’m going to attempt to explain the much publicised 30 percentile reduction in LHA rates as it seems to be causing worry amongst landlords. The reality however is that there is no need to worry too much. I accept that there is going to be a reduction but because of how the formula works, in real terms, the reduction will be nearer 10% as it’s not a simple 30% of the LHA rate from April 2011. Allow me to explain: Firstly,...

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