Accommodation budget and spare bedrooms
IPSA holds the information that you request.
Please find attached, in Annex A, a detailed breakdown of how the Accommodation Expenditure budget limits were originally calculated in 2010. This produced, at the time, a total rental accommodation budget of £19,900 in London in 2010.
The budgets have since been uplifted slightly to reflect increases in costs. The current budget for accommodation in the London Area is £20,100. The other bands have been increased proportionately.
As you will note, the rental accommodation budget limit is based on our assessment of the cost of a one bedroom property. As such, IPSA does not have any further plans to limit the number of bedrooms.
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- 4 February 2014
- UNDEROCCUPANCY PENALTY
- Exemptions Applied: