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Tories' Housing Benefit Cut Could Result to Higher Rent by 2020, Research Says

It's a surprise that was not expected nor appreciated.

With the rent cost rising and the most recent housing benefits axe done by Tories, which is considered cruel, tenants will be worse off for £1,000 a year.

UK Mirror reports that nearly half a million disabled and elderly individuals will be experiencing huge rent rise following the cut of the housing benefits. There are conflicing reports that most will not be affected because they live in private homes with lower rents but according to Labour, there are about 440,000 who pay higher rents because they live in adapted properties or need care and support.

Shadow Housing Minister John Healey said, also according to UK Mirror that, "(George) Osborne's cuts to housing benefit support for thousands of elderly, disabled and homeless people will be a catastrophe for those who can least afford it.

There is no way these people or the organisations who support them can make up the yawning shortfall these cuts will open up.

"If nothing is done, vital supported housing across the country will close, and the people who rely on them will be forced out.

George Osborne must put a stop to these plans, publish a full impact assessment and consult fully with supported accommodation providers to safeguard this essential housing."

The announcement has caused a stir among housing associations and even the Department for Work and Pensions, refusing to recognize the figures. The latter stated that the funding to councils has increased by 40% and that ith as been made clear from the very beginning that the vulnerable people, especially the ones directy hit by the cut, will be supported through the reforms being done.

In adidtion, according to Emily Thornberry, Shadow Employment Minister, it will also affect half more than half a million working families in the private rented sector and could result to a £4 billion rise in the bill in the next five years.


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