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LettingFocus

Unbiased buy to let, property investment and letting coaching, mentoring, advice and seminars for landlords from top selling property author and media commentator.

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Local Housing Allowance - Tips to Make Sure Rent is Paid by LettingFocus

It’s been a very busy week.
I have been speaking (twice) at the London Landlords Show, plus there was my own Seminar and Networking Event on Tuesday.
On Wednesday, it was off to an excellent meeting with people involved in the private rented sector access schemes and local letting agency models at the Crisis charity offices.

All good stuff!
At my talk at my own seminar, I looked at 12 tips for success if you are letting to tenants on Local Housing Allowance.
Here are 6 of those tips. (All attendees at the Tuesday seminar will be sent the rest. Past and present consultees will also be sent them on request.)

Getting Paid Under LHA

First, get the tenant to sign a disclosure form for the Benefits Service to allow them to share the tenants claim info and progress with you.
Second, make sure the tenant has all the documents they need with them. The form they need to complete asks for lots of documentation so you need to ensure it is all there or else there will be a delay in paying the claim.
Third, ideally go with them when they hand in the form so you can be aware it has actually been handed in and can be aware if (after all your efforts) there was still something missing.
Fourth, be proactive. Contact the Benefits Service often – for example if you are aware of any change in the tenant’s circumstances.
Fifth, if rent is late, apply immediately for the “safeguarding policy” so you can be paid direct as soon as possible.
Sixth, find out what the local authority is like in your area. Speak to them. Ask other landlords.
Some local authorities are very switched on and supportive of landlords and are fully up to speed with all the latest guidelines – which you can read here: http://www.dwp.gov.uk/docs/lha-guidance-manual.pdf Others are not supportive of landlords and are slow at paying LHA claims.

MORE ABOUT LETTINGFOCUS AND WHAT WE DO

LettingFocus.com is the home of landlord information.
I’m David Lawrenson, a landlord and property investor myself for over 25 years and author of “Successful Property Letting” – the UK’s top selling commercially published property book for the last 3 years.

Services to Businesses and the Public Sector

Primarily I am a consultant to banks, local authorities, social housing providers and other organisations – helping them with their landlord facing or buy to let product strategies and services.
For example, I help banks improve their buy to let mortgage lending practices and I help housing association / local authorities find private landlords (private rented access schemes, local letting agency models etc.)
I also provide other services for both sectors as a consultant and I write for property websites and am regularly quoted by the broadcast media.

Services for Private Landlords

For private landlords and other investors in the private rented sector, we do just two London seminars each year.
We also find some spare time to help landlords and property investors by coaching them in how to make money in the private rented sector using ways that work, which are ethical, fair to tenants and which involve minimal risk to the investor.
We pride ourselves on giving independent unbiased buy to let advice on either a one-to-one mentoring / coaching basis or through our occasional group seminars.
With no links to property firms, developers or bridging loan providers we can advise on where and what type of property to buy for investment and when to buy it.
We also show you how to manage tenants properly.

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Copyright of Blog: David Lawrenson 2009. This blog is updated roughly once a week usually on a Monday or Tuesday.TO VIEW RELATED POSTS select a “Category” at the bottom of this page.

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