An article on the Guardian website late yesterday has shed some light on one of the HB proposals in the budget. Specifically the change in LHA paid when moving from the 50th percentile down to the 30th percentile.
The data in the spreadsheet put actually figures to this in 152 BMRAs across the country and makes really scary reading as it seems full HB is a thing of the past and all tenants will have to use some of their benefit or pension to pay their rent - yes ALL.
Ive quickly computed the average figures of the actual HB reductions and they are:
1 room (bedsit) - 8.14% cut
1 bedroom - 6.82% cut
2 bedroom - 7.04% cut
3 bedroom - 7.59% cut
These average cuts to HB above are before and additional to any other caps and cuts such as the 10% JSA issue.
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