News

Around six million people across the UK are currently receiving Universal Credit, a financial benefit payment provided by the Department for Work and Pensions (DWP) intended to help those out of work or on a low income with daily living costs.

Today (10 December 2020) MHCLG has published an updated version of the How to Rent Guide (England).

Earlier this year, Caridon Landlord Solutions joined other industry experts in responding to the House of Lords Economic Affairs Committee’s inquiry into the economics of Universal Credit. Following this, a series of recommendations for an overhaul of Universal Credit have now been handed to the Department for Work and Pensions by the House of Lords Economic Affairs Committee.

This week, Secretary of State Thérèse Coffey took questions from the Economic Affairs Committee on the economics of Universal Credit. As part of this she told MPs that she does not want to see a return to the widespread use of direct rent payments to landlords with tenants in receipt of housing benefit, despite praising the new online Alternative Payment Arrangement system which makes setting up direct payments much quicker.

Sherrelle Collman, Managing Director of Caridon Landlord Solutions and Mario Carrozzo, CEO of Caridon Group, have been supporting Legacy Youth Zone’s Employability Course to help young people in Croydon take their next steps into education, training and employment.

Rarely does a week go by when the media doesn’t contain a story relating to Universal Credit and the impact it is having on claimants and landlords alike. It can be difficult to cut through the noise and know exactly what the truth is. Then, just last week, the media reported that the Labour Party, should they come into power, plans to scrap Universal Credit altogether.