Wednesday, 23 November 2016

HCA Plans Fees Of £5 Per Home

The social housing regulator will seek to charge English housing associations annual fees of £5 per social housing unit owned to make up the costs of regulation, its chair has confirmed. Julian Ashby says the regulator is “ready to go” with a consultation on fees as soon as it gets the green light from government. The chair of the HCA Regulation Committee said the fees would be set at £5 per social housing unit, meaning an organisation with 20,000 homes would expect to pay £100,000 per year. Mr Ashby told delegates he did not know if the formal implementation would be “1 April 2017, October 2017 or April 2018, but it will come and I hope you support it”. He said fees were necessary because of the increasing cost of regulation, amid the climate of budget cuts at the HCA. Read more on Inside Housing.

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