Affordable housing schemes: 'Invisible' renters earning £30k not eligible

The BBC reports:

People earning more than £30,000 are being told they don't have enough money to be eligible to rent so-called affordable housing schemes in London.

Under the deals, renters on lower incomes should be able to secure homes at rates below market value.

But the BBC has found that some landlords insist on applicants earning between £35,000 and £60,000 to stand any chance of being accepted.

MPs say the regulator needs to investigate how tenants are chosen.

The term "affordable housing" covers various schemes to rent or buy, each with their own qualifying criteria, but the application system and terminology can be confusing.

The affordable housing sector has changed a lot since 2011, when affordable rent schemes were introduced in England. According to the UK government's housing department they are for people "on limited incomes".

Rates are set at least 20% below market value in any given area. Councils, housing associations and private firms can all offer affordable housing as long they are a "registered provider" of social housing.

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