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TPP486: July Market Update

The Property Podcast

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The Government Is Keeping on Freezing the Level of Housing Benefit

Lloyd's bank have bought another hundred new units that they're going to be renting out. Landlords own about 820 thousand private rented households with a gap between the evel of housing benefit that they receive and the level of rent that they have to pay. Government keeps on freezing the level of housing benefit while, as we've just reported, rents are going up. No more ground rents for new properties moving forward but still apply to existing properties.

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