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type: Answer
type: WrittenAnswer
answer has question: 3zmKVfu5
answer has answering person: oHe9GoOF
answer text: Although housing is a devolved matter the UK Government is supporting renters in Wales by increasing the Local Housing Allowance (LHA). From April 2024, the UK Government will be investing £1.2 billion increasing LHA rates to cover the lowest 30% of local market rents. Around 1.6 million private renters in receipt of Housing Benefit or Universal Credit will gain nearly £800 per year on average in additional help towards their rental costs in 2024/25. In Wales, around 82,500 households are set to benefit from the boost. This significant investment, taken together with the wider benefits uprating, will improve housing affordability for low-income households on benefits renting in the private sector, helping them afford their rent and reducing the risk of rent arrears and homelessness. More broadly, the UK Government and Welsh Government are working closely to apply the prohibition against Blanket Ban practices in Wales. Through the Renters (Reform) Bill we will achieve our shared objective to make sure families with children and people who receive benefits can access homes in the private rented sector. Moreover, the National Living wage will increase by 9.8% to £11.44 per hour for workers over 21 and the National Minimum wage will increase by 14.8% to £8.60 per hour for people aged 18-20. This will benefit 140,000 people in Wales and is further evidence of the support the UK Government is providing to support people with the cost of living.
answer given date: 2024-01-22+00:00
answer has answering body: kv2Qqfn9
written answer has answering body: kv2Qqfn9