HCA Opens Discussion on Fees for Regulation

The Homes and Communities Agency (HCA) has published a discussion paper seeking views from providers, tenants, lenders and others on introducing a fee charging scheme for regulation. The move would bring social housing providers into line with organisations in other sectors where fee charging is common.  The Housing and Regeneration Act 2008 gave the Regulator the power to raise fees to cover the costs of its work. The Regulator is seeking views from the sector about switching from the current grant-in-aid arrangement, to a system where the Regulator recovers part or all of the cost of regulation through fees charged to Registered Providers. Read more on the HCA website.