Charity Commission tells providers to seek legal advice on implications of charging 80 per cent rent. Housing associations risk losing their charitable status if they implement the government’s new affordable rent regime. This is the stark warning issued to the 1,236 charitable housing associations in England and Wales by regulator the Charity Commission. It said each association should seek legal advice about whether introducing the regime will affect its charitable status. The affordable model will see new tenants charged up to 80 per cent of market rent on their homes. The commission has advised associations to look at the extent to which homes rented at affordable rates will relieve poverty. Read more on Inside Housing.
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