1. Dominic Norwell & Myra Dicken
The Potential Impact of Welfare Reforms on a Housing Landlords Income
Dominic Norwell & Myra Dicken

2. The Potential Impact of Welfare Reforms on a Housing Landlords Income
Universal Credit - The first week of any new claim is forfeited, claimants do not receive payment for minimum of 5 weeks, direct rent payments.
The change to the benefit cap Autumn 2016
Housing benefit backdate – from 1st April 2016 maximum backdate reduced from 6 months to 1 month
DLA to PIP

3. The Potential Impact of Welfare Reform on a Housing Landlords Income
Universal Credit - Will not be paid on 2 properties even if there is a contractual obligation.
In Medway approximately one third of tenants will be subject to Universal Credit awards to supplement their income to pay their rent.

4. The Potential Impact of Welfare Reform on a Housing Landlords Income
Medway Council – HRA - March 2016
21 void properties
3 homes for independent living, 5 Mutual exchanges
Weekly rental income for remaining 13 properties £
44% general needs rent is paid by Housing Benefit £471.51
Potential FTA debt in March 2016 if tenants were in receipt of UC £

5. The Potential Impact of Welfare Reform on a Housing Landlords Income
This forms the basis of our presentation to discuss how we as partners can minimise the risk presented to us by the notice period issue.
How can we work together to avoid the impact of the loss of dual housing benefit.
Short notice lettings make the notice period difficult to predict – void turnaround pressures

6. The Potential Impact of Welfare Reform on a Housing Landlords Income
Open discussion

7. The Potential Impact of Welfare Reforms on a Housing Landlords Income
Dominic Norwell & Myra Dicken