A guide to low income housing in the UK

With the housing and job market suffering badly over the last few years, there had been a rising demand for help with housing. Many people have low credit ratings and this can hamper their chances of even securing privately owned rental property. If you have ever thought 'what am i entitled to' then, read the following text to see what rent help may be out there for you.

Will I get help in the now or in the future?

Are you on a low Income?
First you have to ask 'What is low income'? At the last count, there were between 2 to 5 million people (Depending on who commissioned the study) in the UK that qualify for as part of a low income family. Housing affordability has then become a major issue with government funded housing allowance putting a fiscal strain on the country. Decreasing housing costs for cheap houses With new development funding being cut back and less grants housing available every year, due to restraints on local council budgets, the future looks bleak. There are though plans to decrease housing costs and provide more people with an affordable home.
Visiting the local housing office
Your local housing office will be able to give you many advices about how your financial situation and if there are any answers to what benefits that you can claim. They can also tell you places to go to rent housing and they may have some valuable advices on any rent allowance that you may be entitled to. The Low Income Housing Tax Credit scheme Under the The Low Income Housing Tax Credit scheme, you may also be entitled to a rent rebate under section 42 of the Internal Revenue Code. This may though be off-set by any rent assistance that you get to help you pay rent. Combating social exclusion Plans to increase the availability of accommodation to rent and the increase in development grants are starting to slowly combat social exclusion. Also, the amount of transitional housing that can help people get back in to safe and secure housing has been earmarked for review before the next budget is published.

Positive points

Benefits -Section housing made more accessible. -Less social exclusion. -More benefit advice when needed. -House benefit reform means less refusal of benefit requests.

Negative points

Drawbacks -Current Housing Costs. -Current Housing Availability. -Slow expected recovery rate for financial climate.