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"Bedroom Tax" and people on wait list - a possible solution that works for all?


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Old 11-02-2013, 11:47
jsmith99
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Thanks for those replies. the situation is obviously better than I thought it was. However I notice that, in the article, surplus is defined as income less outgoings (obviously), so it depends what's included in "outgoings". Is it just maintenance?
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Old 11-02-2013, 14:28
auntiesocial
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Thanks for those replies. the situation is obviously better than I thought it was. However I notice that, in the article, surplus is defined as income less outgoings (obviously), so it depends what's included in "outgoings". Is it just maintenance?
Maintenance and admin I guess. Possibly interest on loans taken to build, though as most housing stock is over 30 years old, I should imagine all the original loans have been repaid by now.
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Old 13-02-2013, 20:31
caz789
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Therein lies the crux of the issue. All new tenancies are subject to the new rules which allow rents to be charged up to 80% market value. If you move existing tenants, they then have a new tenancy.
Right. Thanks.
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